Aircraft Engine Mount Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
The aircraft engine mounts industry has been growing at a significant rate since the past few years and is expected to continue during the forecast period. The demand for mounts in aviation applications is growing, due to increasing emphasis to enhance safety and comfort in aircraft. The Engine mounts are commonly known as flexible, elastic, or shock mounts. If the engine is subjected to abnormal shocks or loads, engine mounts limit the excessive movement of the engine. The demand for engine mounts is expected to increase during the forecast period, due to the growing efforts of manufacturers to protect engineering equipment in aircraft and enhance operational capabilities.
MARKET SCOPE
The "Global Aircraft Engine Mount Market Analysis to 2028" is a specialized and in-depth study of the aircraft engine mount with a special focus on the global market trend analysis. The report aims to provide an overview of the aircraft engine mount market with detailed market segmentation by type, material, application, fit type and geography. The report provides key statistics on the market status of the leading aircraft engine mount market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
MARKET DYNAMICS
Drivers-
Restraints-
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America (SAM). The aircraft engine mount market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five region, evaluating political, economic, social and technological factors affecting the aircraft engine mount market in these regions.
IMPACT OF COVID-19 ON AIRCRAFT ENGINE MOUNT MARKET
The outbreak of the COVID-19 pandemic has severely impacted the aerospace industries, which resulted decline in the demand for aircraft engine mount in the year 2020. The restrictions on aircraft operations during Q2 and Q3 of 2020 disrupted the businesses of independent MRO service providers and airline operators with MRO facilities. The civil aviation industry across the region experienced dramatic changes in the first half of 2020. According to Bureau of Transportation Statistics (BTS), US, the domestic air travel across the US experienced a 97% decrease in passenger revenue from February to April 2020. The Canadian and Mexican aviation industry also experienced similar trends. This impacted the civil aviation manufacturers leading to decline in demand for commercial aircrafts from the region. Therefore, the COVID-19 pandemic negatively impacted the aircraft engine mount market heavily. Further, after restarting the airline businesses, most airlines are operating with a minimum number of aircraft fleets. In addition, a substantial volume of aircraft fleet was sent to long-term storage as the demand declined post-re-opening of the airline business. This also hampered the market dynamics during the initial phase of 2021.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America (SAM). The aircraft engine mount market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five region, evaluating political, economic, social and technological factors affecting the aircraft engine mount market in these regions.
IMPACT OF COVID-19 ON AIRCRAFT ENGINE MOUNT MARKET
The outbreak of the COVID-19 pandemic has severely impacted the aerospace industries, which resulted decline in the demand for aircraft engine mount in the year 2020. The restrictions on aircraft operations during Q2 and Q3 of 2020 disrupted the businesses of independent MRO service providers and airline operators with MRO facilities. The civil aviation industry across the region experienced dramatic changes in the first half of 2020. According to Bureau of Transportation Statistics (BTS), US, the domestic air travel across the US experienced a 97% decrease in passenger revenue from February to April 2020. The Canadian and Mexican aviation industry also experienced similar trends. This impacted the civil aviation manufacturers leading to decline in demand for commercial aircrafts from the region. Therefore, the COVID-19 pandemic negatively impacted the aircraft engine mount market heavily. Further, after restarting the airline businesses, most airlines are operating with a minimum number of aircraft fleets. In addition, a substantial volume of aircraft fleet was sent to long-term storage as the demand declined post-re-opening of the airline business. This also hampered the market dynamics during the initial phase of 2021.
MARKET PLAYERS
The report covers key developments in the aircraft engine mount market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as development of alternate fuel, reallocation of resources 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 the expansion of business and customer base of market players. The market players in the aircraft engine mount market are anticipated to provide lucrative growth opportunities in the future owing to rise in demand from new manufacturing of aircraft.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the aircraft engine mount market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Acorn Welding
- Cadence Aerospace
- Continental Aerospace Technologies
- EPI Inc.
- Honda Aircraft Company
- Parker Hannifin Corporation
- SAM Suzho
- The Wag Aero Group
- VAN'S AIRCRAFT, INC.
- 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 Aircraft Engine Mount Market - By Type
1.3.2 Aircraft Engine Mount Market - By Material
1.3.3 Aircraft Engine Mount Market - By Application
1.3.4 Aircraft Engine Mount Market - By Fit Type
1.3.5 Aircraft Engine Mount Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AIRCRAFT ENGINE MOUNT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S 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. AIRCRAFT ENGINE MOUNT 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 AND RESTRAINTS
6. AIRCRAFT ENGINE MOUNT MARKET - GLOBAL MARKET ANALYSIS
6.1. AIRCRAFT ENGINE MOUNT - GLOBAL MARKET OVERVIEW
6.2. AIRCRAFT ENGINE MOUNT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. AIRCRAFT ENGINE MOUNT MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. CONICAL ENGINE MOUNT
7.3.1. Overview
7.3.2. Conical Engine Mount Market Forecast and Analysis
7.4. DYNAFOCAL ENGINE MOUNT
7.4.1. Overview
7.4.2. Dynafocal Engine Mount Market Forecast and Analysis
7.5. BED MOUNT
7.5.1. Overview
7.5.2. Bed Mount Market Forecast and Analysis
8. AIRCRAFT ENGINE MOUNT MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL
8.1. OVERVIEW
8.2. MATERIAL MARKET FORECASTS AND ANALYSIS
8.3. CHROMOLY TUBULAR STEEL
8.3.1. Overview
8.3.2. Chromoly Tubular Steel Market Forecast and Analysis
8.4. STEEL CHROME MOLYBDENUM
8.4.1. Overview
8.4.2. Steel Chrome Molybdenum Market Forecast and Analysis
9. AIRCRAFT ENGINE MOUNT MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. COMMERCIAL AIRCRAFT
9.3.1. Overview
9.3.2. Commercial Aircraft Market Forecast and Analysis
9.4. GENERAL AVIATION AIRCRAFT
9.4.1. Overview
9.4.2. General Aviation Aircraft Market Forecast and Analysis
10. AIRCRAFT ENGINE MOUNT MARKET - REVENUE AND FORECASTS TO 2028 - FIT TYPE
10.1. OVERVIEW
10.2. FIT TYPE MARKET FORECASTS AND ANALYSIS
10.3. LINE FIT
10.3.1. Overview
10.3.2. Line Fit Market Forecast and Analysis
10.4. RETROFIT
10.4.1. Overview
10.4.2. Retrofit Market Forecast and Analysis
11. AIRCRAFT ENGINE MOUNT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Aircraft Engine Mount Market Overview
11.1.2 North America Aircraft Engine Mount Market Forecasts and Analysis
11.1.3 North America Aircraft Engine Mount Market Forecasts and Analysis - By Type
11.1.4 North America Aircraft Engine Mount Market Forecasts and Analysis - By Material
11.1.5 North America Aircraft Engine Mount Market Forecasts and Analysis - By Application
11.1.6 North America Aircraft Engine Mount Market Forecasts and Analysis - By Fit Type
11.1.7 North America Aircraft Engine Mount Market Forecasts and Analysis - By Countries
11.1.7.1 United States Aircraft Engine Mount Market
11.1.7.1.1 United States Aircraft Engine Mount Market by Type
11.1.7.1.2 United States Aircraft Engine Mount Market by Material
11.1.7.1.3 United States Aircraft Engine Mount Market by Application
11.1.7.1.4 United States Aircraft Engine Mount Market by Fit Type
11.1.7.2 Canada Aircraft Engine Mount Market
11.1.7.2.1 Canada Aircraft Engine Mount Market by Type
11.1.7.2.2 Canada Aircraft Engine Mount Market by Material
11.1.7.2.3 Canada Aircraft Engine Mount Market by Application
11.1.7.2.4 Canada Aircraft Engine Mount Market by Fit Type
11.1.7.3 Mexico Aircraft Engine Mount Market
11.1.7.3.1 Mexico Aircraft Engine Mount Market by Type
11.1.7.3.2 Mexico Aircraft Engine Mount Market by Material
11.1.7.3.3 Mexico Aircraft Engine Mount Market by Application
11.1.7.3.4 Mexico Aircraft Engine Mount Market by Fit Type
11.2. EUROPE
11.2.1 Europe Aircraft Engine Mount Market Overview
11.2.2 Europe Aircraft Engine Mount Market Forecasts and Analysis
11.2.3 Europe Aircraft Engine Mount Market Forecasts and Analysis - By Type
11.2.4 Europe Aircraft Engine Mount Market Forecasts and Analysis - By Material
11.2.5 Europe Aircraft Engine Mount Market Forecasts and Analysis - By Application
11.2.6 Europe Aircraft Engine Mount Market Forecasts and Analysis - By Fit Type
11.2.7 Europe Aircraft Engine Mount Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Aircraft Engine Mount Market
11.2.7.1.1 Germany Aircraft Engine Mount Market by Type
11.2.7.1.2 Germany Aircraft Engine Mount Market by Material
11.2.7.1.3 Germany Aircraft Engine Mount Market by Application
11.2.7.1.4 Germany Aircraft Engine Mount Market by Fit Type
11.2.7.2 France Aircraft Engine Mount Market
11.2.7.2.1 France Aircraft Engine Mount Market by Type
11.2.7.2.2 France Aircraft Engine Mount Market by Material
11.2.7.2.3 France Aircraft Engine Mount Market by Application
11.2.7.2.4 France Aircraft Engine Mount Market by Fit Type
11.2.7.3 Italy Aircraft Engine Mount Market
11.2.7.3.1 Italy Aircraft Engine Mount Market by Type
11.2.7.3.2 Italy Aircraft Engine Mount Market by Material
11.2.7.3.3 Italy Aircraft Engine Mount Market by Application
11.2.7.3.4 Italy Aircraft Engine Mount Market by Fit Type
11.2.7.4 United Kingdom Aircraft Engine Mount Market
11.2.7.4.1 United Kingdom Aircraft Engine Mount Market by Type
11.2.7.4.2 United Kingdom Aircraft Engine Mount Market by Material
11.2.7.4.3 United Kingdom Aircraft Engine Mount Market by Application
11.2.7.4.4 United Kingdom Aircraft Engine Mount Market by Fit Type
11.2.7.5 Russia Aircraft Engine Mount Market
11.2.7.5.1 Russia Aircraft Engine Mount Market by Type
11.2.7.5.2 Russia Aircraft Engine Mount Market by Material
11.2.7.5.3 Russia Aircraft Engine Mount Market by Application
11.2.7.5.4 Russia Aircraft Engine Mount Market by Fit Type
11.2.7.6 Rest of Europe Aircraft Engine Mount Market
11.2.7.6.1 Rest of Europe Aircraft Engine Mount Market by Type
11.2.7.6.2 Rest of Europe Aircraft Engine Mount Market by Material
11.2.7.6.3 Rest of Europe Aircraft Engine Mount Market by Application
11.2.7.6.4 Rest of Europe Aircraft Engine Mount Market by Fit Type
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Aircraft Engine Mount Market Overview
11.3.2 Asia-Pacific Aircraft Engine Mount Market Forecasts and Analysis
11.3.3 Asia-Pacific Aircraft Engine Mount Market Forecasts and Analysis - By Type
11.3.4 Asia-Pacific Aircraft Engine Mount Market Forecasts and Analysis - By Material
11.3.5 Asia-Pacific Aircraft Engine Mount Market Forecasts and Analysis - By Application
11.3.6 Asia-Pacific Aircraft Engine Mount Market Forecasts and Analysis - By Fit Type
11.3.7 Asia-Pacific Aircraft Engine Mount Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Aircraft Engine Mount Market
11.3.7.1.1 Australia Aircraft Engine Mount Market by Type
11.3.7.1.2 Australia Aircraft Engine Mount Market by Material
11.3.7.1.3 Australia Aircraft Engine Mount Market by Application
11.3.7.1.4 Australia Aircraft Engine Mount Market by Fit Type
11.3.7.2 China Aircraft Engine Mount Market
11.3.7.2.1 China Aircraft Engine Mount Market by Type
11.3.7.2.2 China Aircraft Engine Mount Market by Material
11.3.7.2.3 China Aircraft Engine Mount Market by Application
11.3.7.2.4 China Aircraft Engine Mount Market by Fit Type
11.3.7.3 India Aircraft Engine Mount Market
11.3.7.3.1 India Aircraft Engine Mount Market by Type
11.3.7.3.2 India Aircraft Engine Mount Market by Material
11.3.7.3.3 India Aircraft Engine Mount Market by Application
11.3.7.3.4 India Aircraft Engine Mount Market by Fit Type
11.3.7.4 Japan Aircraft Engine Mount Market
11.3.7.4.1 Japan Aircraft Engine Mount Market by Type
11.3.7.4.2 Japan Aircraft Engine Mount Market by Material
11.3.7.4.3 Japan Aircraft Engine Mount Market by Application
11.3.7.4.4 Japan Aircraft Engine Mount Market by Fit Type
11.3.7.5 South Korea Aircraft Engine Mount Market
11.3.7.5.1 South Korea Aircraft Engine Mount Market by Type
11.3.7.5.2 South Korea Aircraft Engine Mount Market by Material
11.3.7.5.3 South Korea Aircraft Engine Mount Market by Application
11.3.7.5.4 South Korea Aircraft Engine Mount Market by Fit Type
11.3.7.6 Rest of Asia-Pacific Aircraft Engine Mount Market
11.3.7.6.1 Rest of Asia-Pacific Aircraft Engine Mount Market by Type
11.3.7.6.2 Rest of Asia-Pacific Aircraft Engine Mount Market by Material
11.3.7.6.3 Rest of Asia-Pacific Aircraft Engine Mount Market by Application
11.3.7.6.4 Rest of Asia-Pacific Aircraft Engine Mount Market by Fit Type
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Aircraft Engine Mount Market Overview
11.4.2 Middle East and Africa Aircraft Engine Mount Market Forecasts and Analysis
11.4.3 Middle East and Africa Aircraft Engine Mount Market Forecasts and Analysis - By Type
11.4.4 Middle East and Africa Aircraft Engine Mount Market Forecasts and Analysis - By Material
11.4.5 Middle East and Africa Aircraft Engine Mount Market Forecasts and Analysis - By Application
11.4.6 Middle East and Africa Aircraft Engine Mount Market Forecasts and Analysis - By Fit Type
11.4.7 Middle East and Africa Aircraft Engine Mount Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Aircraft Engine Mount Market
11.4.7.1.1 South Africa Aircraft Engine Mount Market by Type
11.4.7.1.2 South Africa Aircraft Engine Mount Market by Material
11.4.7.1.3 South Africa Aircraft Engine Mount Market by Application
11.4.7.1.4 South Africa Aircraft Engine Mount Market by Fit Type
11.4.7.2 Saudi Arabia Aircraft Engine Mount Market
11.4.7.2.1 Saudi Arabia Aircraft Engine Mount Market by Type
11.4.7.2.2 Saudi Arabia Aircraft Engine Mount Market by Material
11.4.7.2.3 Saudi Arabia Aircraft Engine Mount Market by Application
11.4.7.2.4 Saudi Arabia Aircraft Engine Mount Market by Fit Type
11.4.7.3 U.A.E Aircraft Engine Mount Market
11.4.7.3.1 U.A.E Aircraft Engine Mount Market by Type
11.4.7.3.2 U.A.E Aircraft Engine Mount Market by Material
11.4.7.3.3 U.A.E Aircraft Engine Mount Market by Application
11.4.7.3.4 U.A.E Aircraft Engine Mount Market by Fit Type
11.4.7.4 Rest of Middle East and Africa Aircraft Engine Mount Market
11.4.7.4.1 Rest of Middle East and Africa Aircraft Engine Mount Market by Type
11.4.7.4.2 Rest of Middle East and Africa Aircraft Engine Mount Market by Material
11.4.7.4.3 Rest of Middle East and Africa Aircraft Engine Mount Market by Application
11.4.7.4.4 Rest of Middle East and Africa Aircraft Engine Mount Market by Fit Type
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Aircraft Engine Mount Market Overview
11.5.2 South and Central America Aircraft Engine Mount Market Forecasts and Analysis
11.5.3 South and Central America Aircraft Engine Mount Market Forecasts and Analysis - By Type
11.5.4 South and Central America Aircraft Engine Mount Market Forecasts and Analysis - By Material
11.5.5 South and Central America Aircraft Engine Mount Market Forecasts and Analysis - By Application
11.5.6 South and Central America Aircraft Engine Mount Market Forecasts and Analysis - By Fit Type
11.5.7 South and Central America Aircraft Engine Mount Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Aircraft Engine Mount Market
11.5.7.1.1 Brazil Aircraft Engine Mount Market by Type
11.5.7.1.2 Brazil Aircraft Engine Mount Market by Material
11.5.7.1.3 Brazil Aircraft Engine Mount Market by Application
11.5.7.1.4 Brazil Aircraft Engine Mount Market by Fit Type
11.5.7.2 Rest of South and Central America Aircraft Engine Mount Market
11.5.7.2.1 Rest of South and Central America Aircraft Engine Mount Market by Type
11.5.7.2.2 Rest of South and Central America Aircraft Engine Mount Market by Material
11.5.7.2.3 Rest of South and Central America Aircraft Engine Mount Market by Application
11.5.7.2.4 Rest of South and Central America Aircraft Engine Mount Market by Fit Type
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. AIRCRAFT ENGINE MOUNT MARKET, KEY COMPANY PROFILES
13.1. ACORN WELDING
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. CADENCE AEROSPACE
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. CONTINENTAL AEROSPACE TECHNOLOGIES
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. EPI INC.
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. HONDA AIRCRAFT COMPANY
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. PARKER HANNIFIN CORPORATION
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. SAM SUZHO
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. THE WAG AERO GROUP
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. VAN'S AIRCRAFT, INC.
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. Acorn Welding
2. Cadence Aerospace
3. Continental Aerospace Technologies
4. EPI Inc.
5. Honda Aircraft Company
6. Parker Hannifin Corporation
7. SAM Suzho
8. The Wag Aero Group
9. VAN'S AIRCRAFT, INC.
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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