Aircraft Fire Suppression System Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
The fire suppression capability is designed into the airplane as required for Extended Operations and is dependent on airline customer option configuration. The fire suppression systems provide minimum Halon concentration coverage for one hour or more, depending on the airplane model, sufficient to suppress the fire until the airplane lands at the nearest suitable airport. The flight crew commands the discharge of the cargo fire suppression system from the flight deck. This initiates the discharge of halon from fire suppression bottles, which are generally located next to the cargo compartment.
MARKET SCOPE
The "Global Aircraft Fire Suppression System Market Analysis to 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Aircraft Fire Suppression System market with detailed market segmentation by component, application, fit type, aircraft type, and geography. The report provides key statistics on the market status of the leading Aircraft fire suppression system market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of component, the market is segmented as fire detectors and suppression agents.
- On the basis of application, the market is segmented as cargo compartment, cabin, and engine.
- On basis of fit type, the market is segmented as line fit and retrofit.
- On basis of aircraft type, the market is segmented as commercial aircraft, military aircraft, helicopter, and UAV.
MARKET DYNAMICS
Drivers:
- Increased number of orders for new aircraft across the globe.
- Development of aircraft fire suppression systems using halon alternatives as suppression agent
- Modernization of the existing aircraft are expected to provide lucrative opportunities for the growth of the global market
Restraints:
- Backlogs in the delivery of new aircrafts may hamper the growth of the global aircraft fire suppression system market.
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 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Aircraft fire suppression system 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 Porter's Five Forces analysis, highlighting the factors affecting the Aircraft fire suppression system market in these regions
IMPACT OF COVID-19 ON AIRCRAFT FIRE SUPPRESSION SYSTEM MARKET
The COVID-19 pandemic has impacted R&D and innovation in the aircraft fire suppression systems. There has been a reduction in the production volume of electronic components and fire detector sensors, due to which the demand for aircraft fire suppression system market has been severely affected. However, the demand for aircraft fire suppression systems is expected to increase in the forecast period.
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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 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Aircraft fire suppression system 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 Porter's Five Forces analysis, highlighting the factors affecting the Aircraft fire suppression system market in these regions
IMPACT OF COVID-19 ON AIRCRAFT FIRE SUPPRESSION SYSTEM MARKET
The COVID-19 pandemic has impacted R&D and innovation in the aircraft fire suppression systems. There has been a reduction in the production volume of electronic components and fire detector sensors, due to which the demand for aircraft fire suppression system market has been severely affected. However, the demand for aircraft fire suppression systems is expected to increase in the forecast period.
MARKET PLAYERS
The report covers key developments in the Aircraft fire suppression system 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 the expansion of business and customer base of market players. The market payers from Aircraft fire suppression system market are anticipated to lucrative growth opportunities in the future with the rising demand for Aircraft Fire Suppression System in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Aircraft fire suppression system 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.
- Advanced Aircraft Extinguishers, Ltd
- Amerex Corporation
- AMETEK. Inc.
- ATEC, INC.
- Collins Aerospace
- Diehl Stiftung & Co. KG
- H3R Aviation, Inc.
- Halma Plc
- Meggitt PLC.
- Ventura Aerospace
The Insight Partner's 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 Aircraft Fire Suppression System Market - By Component
1.3.2 Aircraft Fire Suppression System Market - By Application
1.3.3 Aircraft Fire Suppression System Market - By Fit Type
1.3.4 Aircraft Fire Suppression System Market - By Aircraft Type
1.3.5 Aircraft Fire Suppression System Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AIRCRAFT FIRE SUPPRESSION SYSTEM 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 FIRE SUPPRESSION SYSTEM 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 FIRE SUPPRESSION SYSTEM MARKET - GLOBAL MARKET ANALYSIS
6.1. AIRCRAFT FIRE SUPPRESSION SYSTEM - GLOBAL MARKET OVERVIEW
6.2. AIRCRAFT FIRE SUPPRESSION SYSTEM - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AIRCRAFT FIRE SUPPRESSION SYSTEM MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. FIRE DETECTORS
7.3.1. Overview
7.3.2. Fire Detectors Market Forecast and Analysis
7.4. SUPPRESSION AGENTS
7.4.1. Overview
7.4.2. Suppression Agents Market Forecast and Analysis
8. AIRCRAFT FIRE SUPPRESSION SYSTEM MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. CARGO COMPARTMENT
8.3.1. Overview
8.3.2. Cargo Compartment Market Forecast and Analysis
8.4. CABIN
8.4.1. Overview
8.4.2. Cabin Market Forecast and Analysis
8.5. ENGINE
8.5.1. Overview
8.5.2. Engine Market Forecast and Analysis
9. AIRCRAFT FIRE SUPPRESSION SYSTEM MARKET - REVENUE AND FORECASTS TO 2028 - FIT TYPE
9.1. OVERVIEW
9.2. FIT TYPE MARKET FORECASTS AND ANALYSIS
9.3. LINE FIT
9.3.1. Overview
9.3.2. Line Fit Market Forecast and Analysis
9.4. RETROFIT
9.4.1. Overview
9.4.2. Retrofit Market Forecast and Analysis
10. AIRCRAFT FIRE SUPPRESSION SYSTEM MARKET - REVENUE AND FORECASTS TO 2028 - AIRCRAFT TYPE
10.1. OVERVIEW
10.2. AIRCRAFT TYPE MARKET FORECASTS AND ANALYSIS
10.3. COMMERCIAL AIRCRAFT
10.3.1. Overview
10.3.2. Commercial Aircraft Market Forecast and Analysis
10.4. MILITARY AIRCRAFT
10.4.1. Overview
10.4.2. Military Aircraft Market Forecast and Analysis
10.5. HELICOPTER
10.5.1. Overview
10.5.2. Helicopter Market Forecast and Analysis
10.6. UAV
10.6.1. Overview
10.6.2. UAV Market Forecast and Analysis
11. AIRCRAFT FIRE SUPPRESSION SYSTEM MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Aircraft Fire Suppression System Market Overview
11.1.2 North America Aircraft Fire Suppression System Market Forecasts and Analysis
11.1.3 North America Aircraft Fire Suppression System Market Forecasts and Analysis - By Component
11.1.4 North America Aircraft Fire Suppression System Market Forecasts and Analysis - By Application
11.1.5 North America Aircraft Fire Suppression System Market Forecasts and Analysis - By Fit Type
11.1.6 North America Aircraft Fire Suppression System Market Forecasts and Analysis - By Aircraft Type
11.1.7 North America Aircraft Fire Suppression System Market Forecasts and Analysis - By Countries
11.1.7.1 United States Aircraft Fire Suppression System Market
11.1.7.1.1 United States Aircraft Fire Suppression System Market by Component
11.1.7.1.2 United States Aircraft Fire Suppression System Market by Application
11.1.7.1.3 United States Aircraft Fire Suppression System Market by Fit Type
11.1.7.1.4 United States Aircraft Fire Suppression System Market by Aircraft Type
11.1.7.2 Canada Aircraft Fire Suppression System Market
11.1.7.2.1 Canada Aircraft Fire Suppression System Market by Component
11.1.7.2.2 Canada Aircraft Fire Suppression System Market by Application
11.1.7.2.3 Canada Aircraft Fire Suppression System Market by Fit Type
11.1.7.2.4 Canada Aircraft Fire Suppression System Market by Aircraft Type
11.1.7.3 Mexico Aircraft Fire Suppression System Market
11.1.7.3.1 Mexico Aircraft Fire Suppression System Market by Component
11.1.7.3.2 Mexico Aircraft Fire Suppression System Market by Application
11.1.7.3.3 Mexico Aircraft Fire Suppression System Market by Fit Type
11.1.7.3.4 Mexico Aircraft Fire Suppression System Market by Aircraft Type
11.2. EUROPE
11.2.1 Europe Aircraft Fire Suppression System Market Overview
11.2.2 Europe Aircraft Fire Suppression System Market Forecasts and Analysis
11.2.3 Europe Aircraft Fire Suppression System Market Forecasts and Analysis - By Component
11.2.4 Europe Aircraft Fire Suppression System Market Forecasts and Analysis - By Application
11.2.5 Europe Aircraft Fire Suppression System Market Forecasts and Analysis - By Fit Type
11.2.6 Europe Aircraft Fire Suppression System Market Forecasts and Analysis - By Aircraft Type
11.2.7 Europe Aircraft Fire Suppression System Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Aircraft Fire Suppression System Market
11.2.7.1.1 Germany Aircraft Fire Suppression System Market by Component
11.2.7.1.2 Germany Aircraft Fire Suppression System Market by Application
11.2.7.1.3 Germany Aircraft Fire Suppression System Market by Fit Type
11.2.7.1.4 Germany Aircraft Fire Suppression System Market by Aircraft Type
11.2.7.2 France Aircraft Fire Suppression System Market
11.2.7.2.1 France Aircraft Fire Suppression System Market by Component
11.2.7.2.2 France Aircraft Fire Suppression System Market by Application
11.2.7.2.3 France Aircraft Fire Suppression System Market by Fit Type
11.2.7.2.4 France Aircraft Fire Suppression System Market by Aircraft Type
11.2.7.3 Italy Aircraft Fire Suppression System Market
11.2.7.3.1 Italy Aircraft Fire Suppression System Market by Component
11.2.7.3.2 Italy Aircraft Fire Suppression System Market by Application
11.2.7.3.3 Italy Aircraft Fire Suppression System Market by Fit Type
11.2.7.3.4 Italy Aircraft Fire Suppression System Market by Aircraft Type
11.2.7.4 Spain Aircraft Fire Suppression System Market
11.2.7.4.1 Spain Aircraft Fire Suppression System Market by Component
11.2.7.4.2 Spain Aircraft Fire Suppression System Market by Application
11.2.7.4.3 Spain Aircraft Fire Suppression System Market by Fit Type
11.2.7.4.4 Spain Aircraft Fire Suppression System Market by Aircraft Type
11.2.7.5 United Kingdom Aircraft Fire Suppression System Market
11.2.7.5.1 United Kingdom Aircraft Fire Suppression System Market by Component
11.2.7.5.2 United Kingdom Aircraft Fire Suppression System Market by Application
11.2.7.5.3 United Kingdom Aircraft Fire Suppression System Market by Fit Type
11.2.7.5.4 United Kingdom Aircraft Fire Suppression System Market by Aircraft Type
11.2.7.6 Russia Aircraft Fire Suppression System Market
11.2.7.6.1 Russia Aircraft Fire Suppression System Market by Component
11.2.7.6.2 Russia Aircraft Fire Suppression System Market by Application
11.2.7.6.3 Russia Aircraft Fire Suppression System Market by Fit Type
11.2.7.6.4 Russia Aircraft Fire Suppression System Market by Aircraft Type
11.2.7.7 Rest of Europe Aircraft Fire Suppression System Market
11.2.7.7.1 Rest of Europe Aircraft Fire Suppression System Market by Component
11.2.7.7.2 Rest of Europe Aircraft Fire Suppression System Market by Application
11.2.7.7.3 Rest of Europe Aircraft Fire Suppression System Market by Fit Type
11.2.7.7.4 Rest of Europe Aircraft Fire Suppression System Market by Aircraft Type
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Aircraft Fire Suppression System Market Overview
11.3.2 Asia-Pacific Aircraft Fire Suppression System Market Forecasts and Analysis
11.3.3 Asia-Pacific Aircraft Fire Suppression System Market Forecasts and Analysis - By Component
11.3.4 Asia-Pacific Aircraft Fire Suppression System Market Forecasts and Analysis - By Application
11.3.5 Asia-Pacific Aircraft Fire Suppression System Market Forecasts and Analysis - By Fit Type
11.3.6 Asia-Pacific Aircraft Fire Suppression System Market Forecasts and Analysis - By Aircraft Type
11.3.7 Asia-Pacific Aircraft Fire Suppression System Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Aircraft Fire Suppression System Market
11.3.7.1.1 Australia Aircraft Fire Suppression System Market by Component
11.3.7.1.2 Australia Aircraft Fire Suppression System Market by Application
11.3.7.1.3 Australia Aircraft Fire Suppression System Market by Fit Type
11.3.7.1.4 Australia Aircraft Fire Suppression System Market by Aircraft Type
11.3.7.2 China Aircraft Fire Suppression System Market
11.3.7.2.1 China Aircraft Fire Suppression System Market by Component
11.3.7.2.2 China Aircraft Fire Suppression System Market by Application
11.3.7.2.3 China Aircraft Fire Suppression System Market by Fit Type
11.3.7.2.4 China Aircraft Fire Suppression System Market by Aircraft Type
11.3.7.3 India Aircraft Fire Suppression System Market
11.3.7.3.1 India Aircraft Fire Suppression System Market by Component
11.3.7.3.2 India Aircraft Fire Suppression System Market by Application
11.3.7.3.3 India Aircraft Fire Suppression System Market by Fit Type
11.3.7.3.4 India Aircraft Fire Suppression System Market by Aircraft Type
11.3.7.4 Japan Aircraft Fire Suppression System Market
11.3.7.4.1 Japan Aircraft Fire Suppression System Market by Component
11.3.7.4.2 Japan Aircraft Fire Suppression System Market by Application
11.3.7.4.3 Japan Aircraft Fire Suppression System Market by Fit Type
11.3.7.4.4 Japan Aircraft Fire Suppression System Market by Aircraft Type
11.3.7.5 South Korea Aircraft Fire Suppression System Market
11.3.7.5.1 South Korea Aircraft Fire Suppression System Market by Component
11.3.7.5.2 South Korea Aircraft Fire Suppression System Market by Application
11.3.7.5.3 South Korea Aircraft Fire Suppression System Market by Fit Type
11.3.7.5.4 South Korea Aircraft Fire Suppression System Market by Aircraft Type
11.3.7.6 Rest of Asia-Pacific Aircraft Fire Suppression System Market
11.3.7.6.1 Rest of Asia-Pacific Aircraft Fire Suppression System Market by Component
11.3.7.6.2 Rest of Asia-Pacific Aircraft Fire Suppression System Market by Application
11.3.7.6.3 Rest of Asia-Pacific Aircraft Fire Suppression System Market by Fit Type
11.3.7.6.4 Rest of Asia-Pacific Aircraft Fire Suppression System Market by Aircraft Type
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Aircraft Fire Suppression System Market Overview
11.4.2 Middle East and Africa Aircraft Fire Suppression System Market Forecasts and Analysis
11.4.3 Middle East and Africa Aircraft Fire Suppression System Market Forecasts and Analysis - By Component
11.4.4 Middle East and Africa Aircraft Fire Suppression System Market Forecasts and Analysis - By Application
11.4.5 Middle East and Africa Aircraft Fire Suppression System Market Forecasts and Analysis - By Fit Type
11.4.6 Middle East and Africa Aircraft Fire Suppression System Market Forecasts and Analysis - By Aircraft Type
11.4.7 Middle East and Africa Aircraft Fire Suppression System Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Aircraft Fire Suppression System Market
11.4.7.1.1 South Africa Aircraft Fire Suppression System Market by Component
11.4.7.1.2 South Africa Aircraft Fire Suppression System Market by Application
11.4.7.1.3 South Africa Aircraft Fire Suppression System Market by Fit Type
11.4.7.1.4 South Africa Aircraft Fire Suppression System Market by Aircraft Type
11.4.7.2 Saudi Arabia Aircraft Fire Suppression System Market
11.4.7.2.1 Saudi Arabia Aircraft Fire Suppression System Market by Component
11.4.7.2.2 Saudi Arabia Aircraft Fire Suppression System Market by Application
11.4.7.2.3 Saudi Arabia Aircraft Fire Suppression System Market by Fit Type
11.4.7.2.4 Saudi Arabia Aircraft Fire Suppression System Market by Aircraft Type
11.4.7.3 U.A.E Aircraft Fire Suppression System Market
11.4.7.3.1 U.A.E Aircraft Fire Suppression System Market by Component
11.4.7.3.2 U.A.E Aircraft Fire Suppression System Market by Application
11.4.7.3.3 U.A.E Aircraft Fire Suppression System Market by Fit Type
11.4.7.3.4 U.A.E Aircraft Fire Suppression System Market by Aircraft Type
11.4.7.4 Rest of Middle East and Africa Aircraft Fire Suppression System Market
11.4.7.4.1 Rest of Middle East and Africa Aircraft Fire Suppression System Market by Component
11.4.7.4.2 Rest of Middle East and Africa Aircraft Fire Suppression System Market by Application
11.4.7.4.3 Rest of Middle East and Africa Aircraft Fire Suppression System Market by Fit Type
11.4.7.4.4 Rest of Middle East and Africa Aircraft Fire Suppression System Market by Aircraft Type
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Aircraft Fire Suppression System Market Overview
11.5.2 South and Central America Aircraft Fire Suppression System Market Forecasts and Analysis
11.5.3 South and Central America Aircraft Fire Suppression System Market Forecasts and Analysis - By Component
11.5.4 South and Central America Aircraft Fire Suppression System Market Forecasts and Analysis - By Application
11.5.5 South and Central America Aircraft Fire Suppression System Market Forecasts and Analysis - By Fit Type
11.5.6 South and Central America Aircraft Fire Suppression System Market Forecasts and Analysis - By Aircraft Type
11.5.7 South and Central America Aircraft Fire Suppression System Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Aircraft Fire Suppression System Market
11.5.7.1.1 Brazil Aircraft Fire Suppression System Market by Component
11.5.7.1.2 Brazil Aircraft Fire Suppression System Market by Application
11.5.7.1.3 Brazil Aircraft Fire Suppression System Market by Fit Type
11.5.7.1.4 Brazil Aircraft Fire Suppression System Market by Aircraft Type
11.5.7.2 Argentina Aircraft Fire Suppression System Market
11.5.7.2.1 Argentina Aircraft Fire Suppression System Market by Component
11.5.7.2.2 Argentina Aircraft Fire Suppression System Market by Application
11.5.7.2.3 Argentina Aircraft Fire Suppression System Market by Fit Type
11.5.7.2.4 Argentina Aircraft Fire Suppression System Market by Aircraft Type
11.5.7.3 Rest of South and Central America Aircraft Fire Suppression System Market
11.5.7.3.1 Rest of South and Central America Aircraft Fire Suppression System Market by Component
11.5.7.3.2 Rest of South and Central America Aircraft Fire Suppression System Market by Application
11.5.7.3.3 Rest of South and Central America Aircraft Fire Suppression System Market by Fit Type
11.5.7.3.4 Rest of South and Central America Aircraft Fire Suppression System Market by Aircraft 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 FIRE SUPPRESSION SYSTEM MARKET, KEY COMPANY PROFILES
13.1. ADVANCED AIRCRAFT EXTINGUISHERS, LTD
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. AMEREX CORPORATION
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. AMETEK. INC.
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. ATEC, 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. COLLINS AEROSPACE
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. DIEHL STIFTUNG & CO. KG
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. H3R AVIATION, INC.
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. HALMA PLC
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. MEGGITT PLC.
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
13.10. VENTURA AEROSPACE
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. Advanced Aircraft Extinguishers, Ltd
2. Amerex Corporation
3. AMETEK. Inc.
4. ATEC, INC.
5. Collins Aerospace
6. Diehl Stiftung & Co. KG
7. H3R Aviation, Inc.
8. Halma Plc
9. Meggitt PLC.
10. Ventura Aerospace
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.