Aircraft Flying Boom Market Competitive Landscape, Size, Segments, and Growth by 2031

Coverage: Aircraft Flying Boom Market covers analysis By Component (Boom System, Receptacle, Sensor System, Others); Application (Tanker Aircraft, Combat Aircraft, Bomber and Carrier Aircraft) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00028587
  • Category : Aerospace and Defense
  • No. of Pages : 150
Buy Now

Aircraft Flying Boom Market Growth Report 2021-2031

Buy Now

The Aircraft Flying Boom Market is expected to register a CAGR of 4.5% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The market is segmented into by Component, and Application. The Component segment is divided into Boom System, Receptacle, Sensor System, Others. Based on Application, the market is segmented into Tanker Aircraft, Combat Aircraft, Bomber and Carrier Aircraft.

Purpose of the Report

The report Aircraft Flying Boom Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Aircraft Flying Boom Market Segmentation

Component
  • Boom System
  • Receptacle
  • Sensor System
  • Others
Application
  • Tanker Aircraft
  • Combat Aircraft
  • Bomber and Carrier Aircraft

Strategic Insights

Aircraft Flying Boom Market Growth Drivers
  • Increasing Defense Budgets and Military Modernization: One of the primary drivers for the Aircraft Flying Boom market is the global increase in defense budgets and the modernization of military fleets. Many countries are focusing on enhancing their aerial refueling capabilities to support extended-range missions and global military operations. Flying booms are a critical part of this infrastructure, particularly for the U.S. Air Force, which relies heavily on them for strategic refueling. As countries modernize their air forces and invest in advanced aircraft like the KC-46A Pegasus or the Airbus A330 MRTT, the demand for more efficient, reliable, and cost-effective flying boom systems will grow.
  • Growing Demand for Aerial Refueling Capabilities: The strategic need for aerial refueling capabilities is expected to continue driving the market. With military operations becoming increasingly global and complex, nations are seeking to extend the range and operational endurance of their aircraft. Flying boom systems, in particular, offer a high-capacity, high-efficiency refueling solution, making them ideal for large, long-range aircraft such as bombers and surveillance planes. This demand is also reflected in the growing number of military contracts for aircraft equipped with flying booms, especially with multinational defense partnerships and joint operations becoming more prevalent.
Aircraft Flying Boom Market Future Trends
  • Emergence of Alternative Fuel Systems and Sustainable Aviation: With the push toward greener aviation technologies, flying boom systems will also need to adapt to new fuel types and sustainability goals. As sustainable aviation fuels (SAFs) become more common, there is an opportunity for the flying boom market to integrate these fuels into their refueling operations. Additionally, electric or hybrid-electric aircraft could create a new market segment for refueling infrastructure that is compatible with future energy systems. This shift toward sustainable aviation could present both challenges and opportunities for the development of flying boom systems, requiring manufacturers to innovate and create systems that are compatible with emerging fuel technologies.
  • Increasing Geopolitical Tensions and Strategic Partnerships: Geopolitical developments and regional conflicts often drive the need for more sophisticated military infrastructure, including air refueling systems. Countries are increasingly seeking strategic partnerships with allies to improve their global defense capabilities. In regions where tensions are high, there is growing demand for refueling aircraft that can operate at extended ranges and provide continuous support. Flying boom systems play a critical role in enabling these capabilities, and as alliances such as NATO continue to evolve, the market for these systems will expand. Additionally, as nations seek to bolster their own military capabilities in response to emerging threats, the demand for cutting-edge refueling technologies like flying booms is likely to increase.
Aircraft Flying Boom Market Opportunities
  • Technological Advancements and Efficiency Improvements: Technological innovations in aircraft flying boom systems are another critical factor that will shape the market's future. With advancements in automation, material science, and systems integration, flying booms are becoming more efficient, safer, and easier to operate. For example, the integration of advanced sensing systems and AI-driven controls can enhance precision and reduce the risk of accidents during refueling. Additionally, lighter and stronger materials can improve the performance and longevity of flying boom systems. These developments not only improve operational efficiency but also reduce maintenance costs, making them more attractive to military and commercial operators alike.
  • Expansion of Commercial and Civil Aviation Uses: While the flying boom system has traditionally been associated with military applications, there is a growing interest in exploring its potential in commercial and civil aviation. As the commercial aviation sector expands, particularly for long-haul flights, there may be an increased need for more advanced refueling techniques. This trend could open up new opportunities for flying boom systems in non-military sectors, especially in the context of large cargo aircraft or potentially unmanned aerial vehicles (UAVs) used for cargo and surveillance. The exploration of dual-use technologies in the aviation sector is likely to drive innovation and demand.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Aircraft Flying Boom Market, providing a holistic landscape.
  • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
  • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
  • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Aircraft Flying Boom Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

REGIONAL FRAMEWORK
World Geography

Have a question?

Analyst

Naveen

Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst   Speak to Analyst
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
MARKET PLAYERS
  • 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
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


Which are the leading players operating in the Aircraft Flying Boom market

The leading players includes Cobham Plc,Eaton Corporation,Safran,GE Aviation,Marshall Aerospace and Defense Group,Woodward Inc.,Moog Inc.,Smiths Group plc,Boeing,BAE Systems Plc

What are the deliverable formats of the Aircraft Flying Boom market report?

The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.

What are the options available for the customization of this report?

Some of the customization options available based on the request are an additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.

What are the driving factors impacting the Aircraft Flying Boom market?

The major factors driving the Aircraft Flying Boom market are: New Developments in Aircraft Technology

What is the expected CAGR of the Aircraft Flying Boom Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Component (Boom System, Receptacle, Sensor System, Others); Application (Tanker Aircraft, Combat Aircraft, Bomber and Carrier Aircraft) , and Geography (North America, Europe, Asia Pacific, and South and Central America)?

The Aircraft Flying Boom Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Component (Boom System, Receptacle, Sensor System, Others); Application (Tanker Aircraft, Combat Aircraft, Bomber and Carrier Aircraft) , and Geography (North America, Europe, Asia Pacific, and South and Central America) is estimated to witness a CAGR of 4.5% from 2023 to 2031

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Aircraft Flying Boom Market - By Component
1.3.2 Aircraft Flying Boom Market - By Application
1.3.3 Aircraft Flying Boom Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. AIRCRAFT FLYING BOOM 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 FLYING BOOM 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 FLYING BOOM MARKET - GLOBAL MARKET ANALYSIS
6.1. AIRCRAFT FLYING BOOM - GLOBAL MARKET OVERVIEW
6.2. AIRCRAFT FLYING BOOM - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING

7. AIRCRAFT FLYING BOOM MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. BOOM SYSTEM
7.3.1. Overview
7.3.2. Boom System Market Forecast and Analysis
7.4. RECEPTACLE
7.4.1. Overview
7.4.2. Receptacle Market Forecast and Analysis
7.5. SENSOR SYSTEM
7.5.1. Overview
7.5.2. Sensor System Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. AIRCRAFT FLYING BOOM MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. TANKER AIRCRAFT
8.3.1. Overview
8.3.2. Tanker Aircraft Market Forecast and Analysis
8.4. COMBAT AIRCRAFT
8.4.1. Overview
8.4.2. Combat Aircraft Market Forecast and Analysis
8.5. BOMBER AND CARRIER AIRCRAFT
8.5.1. Overview
8.5.2. Bomber and Carrier Aircraft Market Forecast and Analysis

9. AIRCRAFT FLYING BOOM MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Aircraft Flying Boom Market Overview
9.1.2 North America Aircraft Flying Boom Market Forecasts and Analysis
9.1.3 North America Aircraft Flying Boom Market Forecasts and Analysis - By Component
9.1.4 North America Aircraft Flying Boom Market Forecasts and Analysis - By Application
9.1.5 North America Aircraft Flying Boom Market Forecasts and Analysis - By Countries
9.1.5.1 United States Aircraft Flying Boom Market
9.1.5.1.1 United States Aircraft Flying Boom Market by Component
9.1.5.1.2 United States Aircraft Flying Boom Market by Application
9.1.5.2 Canada Aircraft Flying Boom Market
9.1.5.2.1 Canada Aircraft Flying Boom Market by Component
9.1.5.2.2 Canada Aircraft Flying Boom Market by Application
9.1.5.3 Mexico Aircraft Flying Boom Market
9.1.5.3.1 Mexico Aircraft Flying Boom Market by Component
9.1.5.3.2 Mexico Aircraft Flying Boom Market by Application
9.2. EUROPE
9.2.1 Europe Aircraft Flying Boom Market Overview
9.2.2 Europe Aircraft Flying Boom Market Forecasts and Analysis
9.2.3 Europe Aircraft Flying Boom Market Forecasts and Analysis - By Component
9.2.4 Europe Aircraft Flying Boom Market Forecasts and Analysis - By Application
9.2.5 Europe Aircraft Flying Boom Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Aircraft Flying Boom Market
9.2.5.1.1 Germany Aircraft Flying Boom Market by Component
9.2.5.1.2 Germany Aircraft Flying Boom Market by Application
9.2.5.2 France Aircraft Flying Boom Market
9.2.5.2.1 France Aircraft Flying Boom Market by Component
9.2.5.2.2 France Aircraft Flying Boom Market by Application
9.2.5.3 Italy Aircraft Flying Boom Market
9.2.5.3.1 Italy Aircraft Flying Boom Market by Component
9.2.5.3.2 Italy Aircraft Flying Boom Market by Application
9.2.5.4 United Kingdom Aircraft Flying Boom Market
9.2.5.4.1 United Kingdom Aircraft Flying Boom Market by Component
9.2.5.4.2 United Kingdom Aircraft Flying Boom Market by Application
9.2.5.5 Russia Aircraft Flying Boom Market
9.2.5.5.1 Russia Aircraft Flying Boom Market by Component
9.2.5.5.2 Russia Aircraft Flying Boom Market by Application
9.2.5.6 Rest of Europe Aircraft Flying Boom Market
9.2.5.6.1 Rest of Europe Aircraft Flying Boom Market by Component
9.2.5.6.2 Rest of Europe Aircraft Flying Boom Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Aircraft Flying Boom Market Overview
9.3.2 Asia-Pacific Aircraft Flying Boom Market Forecasts and Analysis
9.3.3 Asia-Pacific Aircraft Flying Boom Market Forecasts and Analysis - By Component
9.3.4 Asia-Pacific Aircraft Flying Boom Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Aircraft Flying Boom Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Aircraft Flying Boom Market
9.3.5.1.1 Australia Aircraft Flying Boom Market by Component
9.3.5.1.2 Australia Aircraft Flying Boom Market by Application
9.3.5.2 China Aircraft Flying Boom Market
9.3.5.2.1 China Aircraft Flying Boom Market by Component
9.3.5.2.2 China Aircraft Flying Boom Market by Application
9.3.5.3 India Aircraft Flying Boom Market
9.3.5.3.1 India Aircraft Flying Boom Market by Component
9.3.5.3.2 India Aircraft Flying Boom Market by Application
9.3.5.4 Japan Aircraft Flying Boom Market
9.3.5.4.1 Japan Aircraft Flying Boom Market by Component
9.3.5.4.2 Japan Aircraft Flying Boom Market by Application
9.3.5.5 South Korea Aircraft Flying Boom Market
9.3.5.5.1 South Korea Aircraft Flying Boom Market by Component
9.3.5.5.2 South Korea Aircraft Flying Boom Market by Application
9.3.5.6 Rest of Asia-Pacific Aircraft Flying Boom Market
9.3.5.6.1 Rest of Asia-Pacific Aircraft Flying Boom Market by Component
9.3.5.6.2 Rest of Asia-Pacific Aircraft Flying Boom Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Aircraft Flying Boom Market Overview
9.4.2 Middle East and Africa Aircraft Flying Boom Market Forecasts and Analysis
9.4.3 Middle East and Africa Aircraft Flying Boom Market Forecasts and Analysis - By Component
9.4.4 Middle East and Africa Aircraft Flying Boom Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Aircraft Flying Boom Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Aircraft Flying Boom Market
9.4.5.1.1 South Africa Aircraft Flying Boom Market by Component
9.4.5.1.2 South Africa Aircraft Flying Boom Market by Application
9.4.5.2 Saudi Arabia Aircraft Flying Boom Market
9.4.5.2.1 Saudi Arabia Aircraft Flying Boom Market by Component
9.4.5.2.2 Saudi Arabia Aircraft Flying Boom Market by Application
9.4.5.3 U.A.E Aircraft Flying Boom Market
9.4.5.3.1 U.A.E Aircraft Flying Boom Market by Component
9.4.5.3.2 U.A.E Aircraft Flying Boom Market by Application
9.4.5.4 Rest of Middle East and Africa Aircraft Flying Boom Market
9.4.5.4.1 Rest of Middle East and Africa Aircraft Flying Boom Market by Component
9.4.5.4.2 Rest of Middle East and Africa Aircraft Flying Boom Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Aircraft Flying Boom Market Overview
9.5.2 South and Central America Aircraft Flying Boom Market Forecasts and Analysis
9.5.3 South and Central America Aircraft Flying Boom Market Forecasts and Analysis - By Component
9.5.4 South and Central America Aircraft Flying Boom Market Forecasts and Analysis - By Application
9.5.5 South and Central America Aircraft Flying Boom Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Aircraft Flying Boom Market
9.5.5.1.1 Brazil Aircraft Flying Boom Market by Component
9.5.5.1.2 Brazil Aircraft Flying Boom Market by Application
9.5.5.2 Argentina Aircraft Flying Boom Market
9.5.5.2.1 Argentina Aircraft Flying Boom Market by Component
9.5.5.2.2 Argentina Aircraft Flying Boom Market by Application
9.5.5.3 Rest of South and Central America Aircraft Flying Boom Market
9.5.5.3.1 Rest of South and Central America Aircraft Flying Boom Market by Component
9.5.5.3.2 Rest of South and Central America Aircraft Flying Boom Market by Application

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. AIRCRAFT FLYING BOOM MARKET, KEY COMPANY PROFILES
11.1. COBHAM PLC
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. EATON CORPORATION
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. SAFRAN
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. GE AVIATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. MARSHALL AEROSPACE AND DEFENSE GROUP
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. WOODWARD INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. MOOG INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SMITHS GROUP PLC
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. BOEING
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. BAE SYSTEMS PLC
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1.Cobham Plc
2.Eaton Corporation
3.Safran
4.GE Aviation
5.Marshall Aerospace and Defense Group
6.Woodward Inc.
7.Moog Inc.
8.Smiths Group plc
9.Boeing
10.BAE Systems Plc

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Aerospace and Defense : READ MORE..