Aircraft Gaskets Market Size and CAGR by 2031
The Aircraft Gaskets Market is expected to register a CAGR of 5.9% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Material (Polymer Gaskets, Metal Gaskets, Composite Gaskets, Conductive Gaskets); Application (Airframe, Landing Gear, Wheels and Brakes, Engine, Others). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Aircraft Gaskets 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 Gaskets Market Segmentation
Material- Polymer Gaskets
- Metal Gaskets
- Composite Gaskets
- Conductive Gaskets
- Airframe
- Landing Gear
- Wheels and Brakes
- Engine
- Others
Strategic Insights
Aircraft Gaskets Market Growth Drivers- Growing Aircraft Fleet and Increasing Air Traffic: The continued expansion of the global aircraft fleet and rising air traffic is a major driver for the aircraft gaskets market. As commercial aviation grows, airlines need more aircraft to meet the demand for passengers and cargo. Each new aircraft requires a variety of gaskets for different systems, including engines, fuel tanks, hydraulic systems, and the cabin. Additionally, aging aircraft fleets in need of repairs and replacements further drive the demand for gaskets in the maintenance, repair, and overhaul (MRO) sector. This expanding global fleet ensures a steady demand for gaskets used in both new aircraft and older models requiring maintenance.
- Advancements in Aircraft Safety and Performance Standards: Aircraft safety and performance are of paramount importance, and this drives the need for more durable and reliable gaskets. Regulatory bodies like the FAA (Federal Aviation Administration) and EASA (European Union Aviation Safety Agency) enforce stringent safety standards, which require components, including gaskets, to meet high-performance criteria in terms of reliability, heat resistance, and sealing effectiveness. As aircraft manufacturers aim to enhance the safety, reliability, and efficiency of their aircraft, they seek gaskets that can withstand higher temperatures, extreme pressures, and the use of advanced materials like composites and metals. These stringent safety and performance standards are a key driver of innovation and demand in the aircraft gaskets market.
- Focus on Lightweight and Fuel-Efficient Aircraft: The aerospace industry is increasingly focused on reducing the weight of aircraft to improve fuel efficiency and reduce operational costs. Gaskets are being designed with lightweight materials that help reduce the overall weight of aircraft systems without compromising sealing performance. The use of materials such as advanced rubber compounds, elastomers, and composites, as well as innovations in gasket designs, is helping meet this demand for lightweight components. Aircraft manufacturers are increasingly relying on high-performance, lightweight gaskets to optimize fuel efficiency, which is a significant driver of the market.
- Shift Towards High-Temperature and High-Performance Gaskets: As aircraft engines operate at higher temperatures and pressures to meet fuel efficiency and environmental goals, there is an increasing trend toward the development of high-performance gaskets capable of withstanding these extreme conditions. Materials such as graphite, metallic alloys, and advanced elastomers are being used to manufacture gaskets that can perform reliably under high-temperature and high-pressure environments. These materials provide better sealing performance, greater durability, and resistance to thermal expansion, corrosion, and other harsh conditions. The trend toward high-performance gaskets is driven by the demand for engines and other critical systems that operate under increasingly demanding conditions.
- Increasing Use of Advanced Materials for Lightweight Gaskets: There is an ongoing trend of using advanced materials to develop lightweight gaskets without compromising on sealing performance. Aircraft manufacturers are increasingly turning to materials like PTFE (Polytetrafluoroethylene), silicone, and rubber composites to reduce weight and improve fuel efficiency. Lightweight gaskets contribute to the overall reduction in aircraft weight, which helps airlines achieve fuel savings and comply with increasingly stringent emissions standards. The trend toward lightweight components extends across the entire aircraft, and gaskets are no exception, making this a key area for innovation and product development.
- Growth in Aircraft MRO (Maintenance, Repair, and Overhaul) Services: As the global fleet of aircraft continues to expand and older aircraft continue to require maintenance and overhauls, there is an increasing opportunity in the MRO sector for aircraft gaskets. Aircraft engines, fuel systems, hydraulic systems, and other components require regular gasket replacement and maintenance during their operational lifecycle. The MRO market is growing globally, especially in regions like Asia-Pacific and the Middle East, and as older aircraft require more frequent repairs, the demand for high-quality gaskets for maintenance and repairs is expected to rise. Gasket manufacturers can capitalize on this demand by providing replacement parts, specialized gaskets, and comprehensive maintenance solutions for the growing number of aircraft in operation.
- Technological Advancements in Materials and Manufacturing Processes: The evolution of materials science and manufacturing technologies provides significant opportunities for the development of more advanced gaskets. Innovations such as 3D printing, advanced elastomers, metal gaskets, and composites are creating new opportunities for producing gaskets that offer improved performance, durability, and weight reduction. For instance, gaskets made from high-temperature-resistant materials can be used in engine systems where extreme conditions prevail. Advanced manufacturing techniques, such as precision molding and additive manufacturing, allow for the production of custom-designed gaskets with superior sealing capabilities, which can improve system efficiency and reliability. Companies that can integrate these advanced technologies into their gasket production will be well-positioned to meet the evolving needs of the aircraft industry.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Aircraft Gaskets 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 Gaskets 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
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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Frequently Asked Questions
Some of the customization options available based on request are 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.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the major trends driving the aircraft gaskets market are:
1. Increasing Number of Contracts for Military Airplanes
The major factors driving the aircraft gaskets market are:
1. Increasing Production of Aircraft
2. Strong Growth of MRO Industry
The Aircraft Gaskets Market is estimated to witness a CAGR of 5.9% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Aircraft Gaskets Market - By Material
1.3.2 Aircraft Gaskets Market - By Application
1.3.3 Aircraft Gaskets Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AIRCRAFT GASKETS 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 GASKETS 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 GASKETS MARKET - GLOBAL MARKET ANALYSIS
6.1. AIRCRAFT GASKETS - GLOBAL MARKET OVERVIEW
6.2. AIRCRAFT GASKETS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AIRCRAFT GASKETS MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL
7.1. OVERVIEW
7.2. MATERIAL MARKET FORECASTS AND ANALYSIS
7.3. POLYMER GASKETS
7.3.1. Overview
7.3.2. Polymer Gaskets Market Forecast and Analysis
7.4. METAL GASKETS
7.4.1. Overview
7.4.2. Metal Gaskets Market Forecast and Analysis
7.5. COMPOSITE GASKETS
7.5.1. Overview
7.5.2. Composite Gaskets Market Forecast and Analysis
7.6. CONDUCTIVE GASKETS
7.6.1. Overview
7.6.2. Conductive Gaskets Market Forecast and Analysis
8. AIRCRAFT GASKETS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. AIRFRAME
8.3.1. Overview
8.3.2. Airframe Market Forecast and Analysis
8.4. LANDING GEAR
8.4.1. Overview
8.4.2. Landing Gear Market Forecast and Analysis
8.5. WHEELS AND BRAKES
8.5.1. Overview
8.5.2. Wheels and Brakes Market Forecast and Analysis
8.6. ENGINE
8.6.1. Overview
8.6.2. Engine Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. AIRCRAFT GASKETS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Aircraft Gaskets Market Overview
9.1.2 North America Aircraft Gaskets Market Forecasts and Analysis
9.1.3 North America Aircraft Gaskets Market Forecasts and Analysis - By Material
9.1.4 North America Aircraft Gaskets Market Forecasts and Analysis - By Application
9.1.5 North America Aircraft Gaskets Market Forecasts and Analysis - By Countries
9.1.5.1 United States Aircraft Gaskets Market
9.1.5.1.1 United States Aircraft Gaskets Market by Material
9.1.5.1.2 United States Aircraft Gaskets Market by Application
9.1.5.2 Canada Aircraft Gaskets Market
9.1.5.2.1 Canada Aircraft Gaskets Market by Material
9.1.5.2.2 Canada Aircraft Gaskets Market by Application
9.1.5.3 Mexico Aircraft Gaskets Market
9.1.5.3.1 Mexico Aircraft Gaskets Market by Material
9.1.5.3.2 Mexico Aircraft Gaskets Market by Application
9.2. EUROPE
9.2.1 Europe Aircraft Gaskets Market Overview
9.2.2 Europe Aircraft Gaskets Market Forecasts and Analysis
9.2.3 Europe Aircraft Gaskets Market Forecasts and Analysis - By Material
9.2.4 Europe Aircraft Gaskets Market Forecasts and Analysis - By Application
9.2.5 Europe Aircraft Gaskets Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Aircraft Gaskets Market
9.2.5.1.1 Germany Aircraft Gaskets Market by Material
9.2.5.1.2 Germany Aircraft Gaskets Market by Application
9.2.5.2 France Aircraft Gaskets Market
9.2.5.2.1 France Aircraft Gaskets Market by Material
9.2.5.2.2 France Aircraft Gaskets Market by Application
9.2.5.3 Italy Aircraft Gaskets Market
9.2.5.3.1 Italy Aircraft Gaskets Market by Material
9.2.5.3.2 Italy Aircraft Gaskets Market by Application
9.2.5.4 United Kingdom Aircraft Gaskets Market
9.2.5.4.1 United Kingdom Aircraft Gaskets Market by Material
9.2.5.4.2 United Kingdom Aircraft Gaskets Market by Application
9.2.5.5 Russia Aircraft Gaskets Market
9.2.5.5.1 Russia Aircraft Gaskets Market by Material
9.2.5.5.2 Russia Aircraft Gaskets Market by Application
9.2.5.6 Rest of Europe Aircraft Gaskets Market
9.2.5.6.1 Rest of Europe Aircraft Gaskets Market by Material
9.2.5.6.2 Rest of Europe Aircraft Gaskets Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Aircraft Gaskets Market Overview
9.3.2 Asia-Pacific Aircraft Gaskets Market Forecasts and Analysis
9.3.3 Asia-Pacific Aircraft Gaskets Market Forecasts and Analysis - By Material
9.3.4 Asia-Pacific Aircraft Gaskets Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Aircraft Gaskets Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Aircraft Gaskets Market
9.3.5.1.1 Australia Aircraft Gaskets Market by Material
9.3.5.1.2 Australia Aircraft Gaskets Market by Application
9.3.5.2 China Aircraft Gaskets Market
9.3.5.2.1 China Aircraft Gaskets Market by Material
9.3.5.2.2 China Aircraft Gaskets Market by Application
9.3.5.3 India Aircraft Gaskets Market
9.3.5.3.1 India Aircraft Gaskets Market by Material
9.3.5.3.2 India Aircraft Gaskets Market by Application
9.3.5.4 Japan Aircraft Gaskets Market
9.3.5.4.1 Japan Aircraft Gaskets Market by Material
9.3.5.4.2 Japan Aircraft Gaskets Market by Application
9.3.5.5 South Korea Aircraft Gaskets Market
9.3.5.5.1 South Korea Aircraft Gaskets Market by Material
9.3.5.5.2 South Korea Aircraft Gaskets Market by Application
9.3.5.6 Rest of Asia-Pacific Aircraft Gaskets Market
9.3.5.6.1 Rest of Asia-Pacific Aircraft Gaskets Market by Material
9.3.5.6.2 Rest of Asia-Pacific Aircraft Gaskets Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Aircraft Gaskets Market Overview
9.4.2 Middle East and Africa Aircraft Gaskets Market Forecasts and Analysis
9.4.3 Middle East and Africa Aircraft Gaskets Market Forecasts and Analysis - By Material
9.4.4 Middle East and Africa Aircraft Gaskets Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Aircraft Gaskets Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Aircraft Gaskets Market
9.4.5.1.1 South Africa Aircraft Gaskets Market by Material
9.4.5.1.2 South Africa Aircraft Gaskets Market by Application
9.4.5.2 Saudi Arabia Aircraft Gaskets Market
9.4.5.2.1 Saudi Arabia Aircraft Gaskets Market by Material
9.4.5.2.2 Saudi Arabia Aircraft Gaskets Market by Application
9.4.5.3 U.A.E Aircraft Gaskets Market
9.4.5.3.1 U.A.E Aircraft Gaskets Market by Material
9.4.5.3.2 U.A.E Aircraft Gaskets Market by Application
9.4.5.4 Rest of Middle East and Africa Aircraft Gaskets Market
9.4.5.4.1 Rest of Middle East and Africa Aircraft Gaskets Market by Material
9.4.5.4.2 Rest of Middle East and Africa Aircraft Gaskets Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Aircraft Gaskets Market Overview
9.5.2 South and Central America Aircraft Gaskets Market Forecasts and Analysis
9.5.3 South and Central America Aircraft Gaskets Market Forecasts and Analysis - By Material
9.5.4 South and Central America Aircraft Gaskets Market Forecasts and Analysis - By Application
9.5.5 South and Central America Aircraft Gaskets Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Aircraft Gaskets Market
9.5.5.1.1 Brazil Aircraft Gaskets Market by Material
9.5.5.1.2 Brazil Aircraft Gaskets Market by Application
9.5.5.2 Rest of South and Central America Aircraft Gaskets Market
9.5.5.2.1 Rest of South and Central America Aircraft Gaskets Market by Material
9.5.5.2.2 Rest of South and Central America Aircraft Gaskets 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 GASKETS MARKET, KEY COMPANY PROFILES
11.1. FEDTECH INC.
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. FLUORO-PLASTICS
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. FREUDENBERG GROUP
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. MCNEIL USA
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. PARKER HANNIFIN CORPORATION
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. REAL GASKETS TENNESSEE
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. SEAL SCIENCE, 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. STOCKWELL ELASTOMERICS, INC.
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. VANGUARD PRODUCTS CORPORATION
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. W. L. GORE AND ASSOCIATES, INC.
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
1. FedTech Inc.
2. Fluoro-Plastics
3. Freudenberg Group
4. McNeil USA
5. Parker Hannifin Corporation
6. Real Gaskets Tennessee
7. Seal Science, Inc.
8. STOCKWELL ELASTOMERICS, INC.
9. Vanguard Products Corporation
10. W. L. Gore and Associates, 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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