Air Taxi Market Key Findings by 2031
Air taxi is a type of aircraft which is prearranged in operations and is planned for a shorter distance to travel. The concept of air taxi was first introduced by NASA in 2001 and aerospace industry study on the possibility of Small Aircraft Transportation System (SATS) and upsurge of light-jet aircraft manufacturing in the U.S. With the increasing number of vehicles running on the road followed by the increasing traffic congestion, and the demand for better and efficient transportation system has increased; thus, increasing the demand for air taxi across the globe. Furthermore, different companies in the transportation and aviation industry join forces for the development of air taxi to be implemented across the globe.
MARKET DYNAMICS
Increased road traffic congestion and an alternative mode of transportation are some of the major factors driving the growth of the air taxi market. However, stringent regulations for aviation license and high differential fare are some of the factors restraining the growth of the air taxi market. Further, government initiatives for the introduction of air taxi is anticipated to generate several opportunities for the growth air taxi market.
MARKET SCOPE
The "Global Air Taxi Market Analysis to 2031" is a specialized and in-depth study of the aircraft brackets market with a special focus on the global market trend analysis. The report aims to provide an overview of aircraft brackets market with detailed market segmentation by propulsion type, aircraft type, passenger capacity. The global aircraft brackets market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading aircraft brackets market players and offers key trends and opportunities in the aircraft brackets market.
MARKET SEGMENTATION
The global aircraft brackets market is segmented on the basis of propulsion type, aircraft type, passenger capacity. On the basis of propulsion type, the market is segmented as parallel hybrid, electric, turboshaft, turboelectric. On the basis of aircraft type, the market is segmented as multi-copter, quadcopter, fixed wing. On the basis of passenger capacity, the market is segmented as two, four, six, more than six.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global aircraft brackets market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The aircraft brackets market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting aircraft brackets market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Aircraft brackets market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global aircraft brackets market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The aircraft brackets market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting aircraft brackets market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Aircraft brackets market in these regions.
MARKET PLAYERS
The reports cover key developments in the aircraft brackets market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from aircraft brackets market are anticipated to lucrative growth opportunities in the future with the rising demand for aircraft brackets market. Below mentioned is the list of few companies engaged in the aircraft brackets market.
The report also includes the profiles of key aircraft brackets market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Airbus S.A.S.
- Beechcraft Corporation
- Boeing
- EHANG
- Embraer
- Hyundai Motor Company
- Imagine Air
- Lilium
- Uber Technologies
- Volocopter GmbH
The Insight Partners dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Air Taxi Market - By PROPULSION TYPE
1.3.2 Air Taxi Market - By AIRCRAFT TYPE
1.3.3 Air Taxi Market - By PASSENGER CAPACITY
1.3.4 Air Taxi Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AIR TAXI MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTERS FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. AIR TAXI MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. AIR TAXI MARKET - GLOBAL MARKET ANALYSIS
6.1. AIR TAXI - GLOBAL MARKET OVERVIEW
6.2. AIR TAXI - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AIR TAXI MARKET - REVENUE AND FORECASTS TO 2028 - PROPULSION TYPE
7.1. OVERVIEW
7.2. PROPULSION TYPE MARKET FORECASTS AND ANALYSIS
7.3. PARALLEL HYBRID
7.3.1. Overview
7.3.2. Parallel hybrid Market Forecast and Analysis
7.4. ELECTRIC
7.4.1. Overview
7.4.2. Electric Market Forecast and Analysis
7.5. TURBOSHAFT
7.5.1. Overview
7.5.2. Turboshaft Market Forecast and Analysis
7.6. TURBOELECTRIC
7.6.1. Overview
7.6.2. Turboelectric Market Forecast and Analysis
8. AIR TAXI MARKET - REVENUE AND FORECASTS TO 2028 - AIRCRAFT TYPE
8.1. OVERVIEW
8.2. AIRCRAFT TYPE MARKET FORECASTS AND ANALYSIS
8.3. MULTI-COPTER
8.3.1. Overview
8.3.2. Multi-copter Market Forecast and Analysis
8.4. QUADCOPTER
8.4.1. Overview
8.4.2. Quadcopter Market Forecast and Analysis
8.5. FIXED WING
8.5.1. Overview
8.5.2. Fixed wing Market Forecast and Analysis
9. AIR TAXI MARKET - REVENUE AND FORECASTS TO 2028 - PASSENGER CAPACITY
9.1. OVERVIEW
9.2. PASSENGER CAPACITY MARKET FORECASTS AND ANALYSIS
9.3. TWO
9.3.1. Overview
9.3.2. Two Market Forecast and Analysis
9.4. FOUR
9.4.1. Overview
9.4.2. Four Market Forecast and Analysis
9.5. SIX
9.5.1. Overview
9.5.2. Six Market Forecast and Analysis
9.6. MORE THAN SIX
9.6.1. Overview
9.6.2. More than six Market Forecast and Analysis
10. AIR TAXI MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Air Taxi Market Overview
10.1.2 North America Air Taxi Market Forecasts and Analysis
10.1.3 North America Air Taxi Market Forecasts and Analysis - By PROPULSION TYPE
10.1.4 North America Air Taxi Market Forecasts and Analysis - By AIRCRAFT TYPE
10.1.5 North America Air Taxi Market Forecasts and Analysis - By PASSENGER CAPACITY
10.1.6 North America Air Taxi Market Forecasts and Analysis - By Countries
10.1.6.1 United States Air Taxi Market
10.1.6.1.1 United States Air Taxi Market by PROPULSION TYPE
10.1.6.1.2 United States Air Taxi Market by AIRCRAFT TYPE
10.1.6.1.3 United States Air Taxi Market by PASSENGER CAPACITY
10.1.6.2 Canada Air Taxi Market
10.1.6.2.1 Canada Air Taxi Market by PROPULSION TYPE
10.1.6.2.2 Canada Air Taxi Market by AIRCRAFT TYPE
10.1.6.2.3 Canada Air Taxi Market by PASSENGER CAPACITY
10.1.6.3 Mexico Air Taxi Market
10.1.6.3.1 Mexico Air Taxi Market by PROPULSION TYPE
10.1.6.3.2 Mexico Air Taxi Market by AIRCRAFT TYPE
10.1.6.3.3 Mexico Air Taxi Market by PASSENGER CAPACITY
10.2. EUROPE
10.2.1 Europe Air Taxi Market Overview
10.2.2 Europe Air Taxi Market Forecasts and Analysis
10.2.3 Europe Air Taxi Market Forecasts and Analysis - By PROPULSION TYPE
10.2.4 Europe Air Taxi Market Forecasts and Analysis - By AIRCRAFT TYPE
10.2.5 Europe Air Taxi Market Forecasts and Analysis - By PASSENGER CAPACITY
10.2.6 Europe Air Taxi Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Air Taxi Market
10.2.6.1.1 Germany Air Taxi Market by PROPULSION TYPE
10.2.6.1.2 Germany Air Taxi Market by AIRCRAFT TYPE
10.2.6.1.3 Germany Air Taxi Market by PASSENGER CAPACITY
10.2.6.2 France Air Taxi Market
10.2.6.2.1 France Air Taxi Market by PROPULSION TYPE
10.2.6.2.2 France Air Taxi Market by AIRCRAFT TYPE
10.2.6.2.3 France Air Taxi Market by PASSENGER CAPACITY
10.2.6.3 Italy Air Taxi Market
10.2.6.3.1 Italy Air Taxi Market by PROPULSION TYPE
10.2.6.3.2 Italy Air Taxi Market by AIRCRAFT TYPE
10.2.6.3.3 Italy Air Taxi Market by PASSENGER CAPACITY
10.2.6.4 United Kingdom Air Taxi Market
10.2.6.4.1 United Kingdom Air Taxi Market by PROPULSION TYPE
10.2.6.4.2 United Kingdom Air Taxi Market by AIRCRAFT TYPE
10.2.6.4.3 United Kingdom Air Taxi Market by PASSENGER CAPACITY
10.2.6.5 Russia Air Taxi Market
10.2.6.5.1 Russia Air Taxi Market by PROPULSION TYPE
10.2.6.5.2 Russia Air Taxi Market by AIRCRAFT TYPE
10.2.6.5.3 Russia Air Taxi Market by PASSENGER CAPACITY
10.2.6.6 Rest of Europe Air Taxi Market
10.2.6.6.1 Rest of Europe Air Taxi Market by PROPULSION TYPE
10.2.6.6.2 Rest of Europe Air Taxi Market by AIRCRAFT TYPE
10.2.6.6.3 Rest of Europe Air Taxi Market by PASSENGER CAPACITY
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Air Taxi Market Overview
10.3.2 Asia-Pacific Air Taxi Market Forecasts and Analysis
10.3.3 Asia-Pacific Air Taxi Market Forecasts and Analysis - By PROPULSION TYPE
10.3.4 Asia-Pacific Air Taxi Market Forecasts and Analysis - By AIRCRAFT TYPE
10.3.5 Asia-Pacific Air Taxi Market Forecasts and Analysis - By PASSENGER CAPACITY
10.3.6 Asia-Pacific Air Taxi Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Air Taxi Market
10.3.6.1.1 Australia Air Taxi Market by PROPULSION TYPE
10.3.6.1.2 Australia Air Taxi Market by AIRCRAFT TYPE
10.3.6.1.3 Australia Air Taxi Market by PASSENGER CAPACITY
10.3.6.2 China Air Taxi Market
10.3.6.2.1 China Air Taxi Market by PROPULSION TYPE
10.3.6.2.2 China Air Taxi Market by AIRCRAFT TYPE
10.3.6.2.3 China Air Taxi Market by PASSENGER CAPACITY
10.3.6.3 India Air Taxi Market
10.3.6.3.1 India Air Taxi Market by PROPULSION TYPE
10.3.6.3.2 India Air Taxi Market by AIRCRAFT TYPE
10.3.6.3.3 India Air Taxi Market by PASSENGER CAPACITY
10.3.6.4 Japan Air Taxi Market
10.3.6.4.1 Japan Air Taxi Market by PROPULSION TYPE
10.3.6.4.2 Japan Air Taxi Market by AIRCRAFT TYPE
10.3.6.4.3 Japan Air Taxi Market by PASSENGER CAPACITY
10.3.6.5 South Korea Air Taxi Market
10.3.6.5.1 South Korea Air Taxi Market by PROPULSION TYPE
10.3.6.5.2 South Korea Air Taxi Market by AIRCRAFT TYPE
10.3.6.5.3 South Korea Air Taxi Market by PASSENGER CAPACITY
10.3.6.6 Rest of Asia-Pacific Air Taxi Market
10.3.6.6.1 Rest of Asia-Pacific Air Taxi Market by PROPULSION TYPE
10.3.6.6.2 Rest of Asia-Pacific Air Taxi Market by AIRCRAFT TYPE
10.3.6.6.3 Rest of Asia-Pacific Air Taxi Market by PASSENGER CAPACITY
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Air Taxi Market Overview
10.4.2 Middle East and Africa Air Taxi Market Forecasts and Analysis
10.4.3 Middle East and Africa Air Taxi Market Forecasts and Analysis - By PROPULSION TYPE
10.4.4 Middle East and Africa Air Taxi Market Forecasts and Analysis - By AIRCRAFT TYPE
10.4.5 Middle East and Africa Air Taxi Market Forecasts and Analysis - By PASSENGER CAPACITY
10.4.6 Middle East and Africa Air Taxi Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Air Taxi Market
10.4.6.1.1 South Africa Air Taxi Market by PROPULSION TYPE
10.4.6.1.2 South Africa Air Taxi Market by AIRCRAFT TYPE
10.4.6.1.3 South Africa Air Taxi Market by PASSENGER CAPACITY
10.4.6.2 Saudi Arabia Air Taxi Market
10.4.6.2.1 Saudi Arabia Air Taxi Market by PROPULSION TYPE
10.4.6.2.2 Saudi Arabia Air Taxi Market by AIRCRAFT TYPE
10.4.6.2.3 Saudi Arabia Air Taxi Market by PASSENGER CAPACITY
10.4.6.3 U.A.E Air Taxi Market
10.4.6.3.1 U.A.E Air Taxi Market by PROPULSION TYPE
10.4.6.3.2 U.A.E Air Taxi Market by AIRCRAFT TYPE
10.4.6.3.3 U.A.E Air Taxi Market by PASSENGER CAPACITY
10.4.6.4 Rest of Middle East and Africa Air Taxi Market
10.4.6.4.1 Rest of Middle East and Africa Air Taxi Market by PROPULSION TYPE
10.4.6.4.2 Rest of Middle East and Africa Air Taxi Market by AIRCRAFT TYPE
10.4.6.4.3 Rest of Middle East and Africa Air Taxi Market by PASSENGER CAPACITY
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Air Taxi Market Overview
10.5.2 South and Central America Air Taxi Market Forecasts and Analysis
10.5.3 South and Central America Air Taxi Market Forecasts and Analysis - By PROPULSION TYPE
10.5.4 South and Central America Air Taxi Market Forecasts and Analysis - By AIRCRAFT TYPE
10.5.5 South and Central America Air Taxi Market Forecasts and Analysis - By PASSENGER CAPACITY
10.5.6 South and Central America Air Taxi Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Air Taxi Market
10.5.6.1.1 Brazil Air Taxi Market by PROPULSION TYPE
10.5.6.1.2 Brazil Air Taxi Market by AIRCRAFT TYPE
10.5.6.1.3 Brazil Air Taxi Market by PASSENGER CAPACITY
10.5.6.2 Argentina Air Taxi Market
10.5.6.2.1 Argentina Air Taxi Market by PROPULSION TYPE
10.5.6.2.2 Argentina Air Taxi Market by AIRCRAFT TYPE
10.5.6.2.3 Argentina Air Taxi Market by PASSENGER CAPACITY
10.5.6.3 Rest of South and Central America Air Taxi Market
10.5.6.3.1 Rest of South and Central America Air Taxi Market by PROPULSION TYPE
10.5.6.3.2 Rest of South and Central America Air Taxi Market by AIRCRAFT TYPE
10.5.6.3.3 Rest of South and Central America Air Taxi Market by PASSENGER CAPACITY
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. AIR TAXI MARKET, KEY COMPANY PROFILES
12.1. AIRBUS S.A.S.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. BEECHCRAFT CORPORATION
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. BOEING
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. EHANG
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. EMBRAER
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. HYUNDAI MOTOR COMPANY
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. IMAGINE AIR
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. LILIUM
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. UBER TECHNOLOGIES
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. VOLOCOPTER GMBH
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Airbus S.A.S.
2. Beechcraft Corporation
3. Boeing
4. EHANG
5. Embraer
6. Hyundai Motor Company
7. Imagine Air
8. Lilium
9. Uber Technologies
10. Volocopter GmbH
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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