Aircraft Lightning Detection Systems Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
The aircraft lightning detection system is the most critical part of any aircraft. The average lightning strike on commercial aircraft occurs every ~1,000 hours of flight time, which makes aircraft lightning detection system more critical. The aircraft's outer body is made of aluminum, which is a very good conductor of electricity provides uninterrupted and safe passage for current to travel from the point of impact to another point. At the moment of lightning strick, the lightning attaches itself to edges of the wing-tip or the wing and travels along the outer body of the aircraft to the nose and continues to hit the ground. Up to one million volts of current can be delivered in a single lightning strike. Lightning detection systems are used to reduce the significance of the strike, in order to avoid the lightning strikes, which can affect aircraft operations and cause service interruption.
MARKET DYNAMICS
The increasing aircraft fleet, increasing air routes, increasing passenger travel, rising research and development with respect to design, mechanism, and material of the aircraft body to make safer, lighter and efficient aircrafts, rising need to establish safer aircrafts, are few of the factors driving the growth of the aircraft lightning detection systems market over the forecast period. The aviation industry is under the scanner of regulating authorities and safety measures due to aircraft accidents in the past couple of years. Such regulations push aircraft manufacturers to develop safety products such as lightning detection systems. The aircraft lightning detection system is the essential safety requirements in order to protect the aircraft. However, the factors such as the high cost of manufacturing such systems and stringent regulations required for the manufacturing of aerospace components may restraint the growth of the aircraft lightning detection market over the forecast period.
MARKET SCOPE
The "Global Aircraft lightning detection systems Market Analysis to 2031" is a specialized and in-depth study of the Aircraft lightning detection systems industry with a special focus on the global market trend analysis. The report aims to provide an overview of Aircraft lightning detection systems market with detailed market segmentation by equipment, aircraft type, fit, end-user, and geography. The global aircraft lightning detection systems market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Aircraft lightning detection systems market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Aircraft lightning detection systems market is segmented on the basis of equipment, aircraft type, fit, and end-user. Based on equipment, the market is segmented as Lightning Sensor, Lightning Processor, and Lightning Display. Further, based on aircraft type, the market is divided into Fixed-Wing and Rotary-Wing. Furthermore, on basis of fit, market is segmented as linefit and retrofit. Based on end0-user, the Aircraft lightning detection systems market is segmented as defense and commercial.
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 Aircraft lightning detection systems 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), Middle East and Africa (MEA) and South & Central America. The Aircraft lightning detection systems 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 Aircraft lightning detection systems 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 trend. The report also provides exhaustive Porter's Five Force analysis for the Aircraft lightning detection systems market.
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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 Aircraft lightning detection systems 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), Middle East and Africa (MEA) and South & Central America. The Aircraft lightning detection systems 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 Aircraft lightning detection systems 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 trend. The report also provides exhaustive Porter's Five Force analysis for the Aircraft lightning detection systems market.
MARKET PLAYERSThe reports cover key developments in the Aircraft lightning detection systems 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 the way for the expansion of business and customer base of market players. The market payers from Aircraft lightning detection systems market are anticipated to lucrative growth opportunities in the future with the rising demand for Aircraft lightning detection systems in the global market. Below mentioned is the list of few companies engaged in the Aircraft lightning detection systems market.
The report also includes the profiles of key Aircraft lightning detection systems companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, key development in the past five years.
- Aselsan AS
- BAE Systems
- Elbit Systems Ltd.
- L3 Technologies, Inc.
- Raytheon Company
- RUAG Group
- Saab AB
- Sarasota Avionics International
- TOA Systems Inc.
- United Technologies Corporation
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
1.3.1Aircraft Lightning Detection Systems Market - By Equipment
1.3.2Aircraft Lightning Detection Systems Market - By Aircraft Type
1.3.3Aircraft Lightning Detection Systems Market - By Fit
1.3.4Aircraft Lightning Detection Systems Market - By End-User
1.3.5Aircraft Lightning Detection Systems Market - By Region
1.3.5.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.AIRCRAFT LIGHTNING DETECTION SYSTEMS MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.ECOSYSTEM ANALYSIS
4.4.EXPERT OPINIONS
5.AIRCRAFT LIGHTNING DETECTION SYSTEMS MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6.AIRCRAFT LIGHTNING DETECTION SYSTEMS MARKET - GLOBAL MARKET ANALYSIS
6.1.AIRCRAFT LIGHTNING DETECTION SYSTEMS - GLOBAL MARKET OVERVIEW
6.2.AIRCRAFT LIGHTNING DETECTION SYSTEMS - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE
7.AIRCRAFT LIGHTNING DETECTION SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - EQUIPMENT
7.1.OVERVIEW
7.2.EQUIPMENT MARKET FORECASTS AND ANALYSIS
7.3.LIGHTNING SENSOR
7.3.1.Overview
7.3.2.Lightning Sensor Market Forecast and Analysis
7.4.LIGHTNING PROCESSOR
7.4.1.Overview
7.4.2.Lightning Processor Market Forecast and Analysis
7.5.LIGHTNING DISPLAY
7.5.1.Overview
7.5.2.Lightning Display Market Forecast and Analysis
8.AIRCRAFT LIGHTNING DETECTION SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - AIRCRAFT TYPE
8.1.OVERVIEW
8.2.AIRCRAFT TYPE MARKET FORECASTS AND ANALYSIS
8.3.FIXED-WING
8.3.1.Overview
8.3.2.Fixed-Wing Market Forecast and Analysis
8.4.ROTARY-WING
8.4.1.Overview
8.4.2.Rotary-Wing Market Forecast and Analysis
9.AIRCRAFT LIGHTNING DETECTION SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - FIT
9.1.OVERVIEW
9.2.FIT MARKET FORECASTS AND ANALYSIS
9.3.LINEFIT
9.3.1.Overview
9.3.2.Linefit Market Forecast and Analysis
9.4.RETROFIT
9.4.1.Overview
9.4.2.Retrofit Market Forecast and Analysis
10.AIRCRAFT LIGHTNING DETECTION SYSTEMS MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
10.1.OVERVIEW
10.2.END-USER MARKET FORECASTS AND ANALYSIS
10.3.DEFENSE
10.3.1.Overview
10.3.2.Defense Market Forecast and Analysis
10.4.COMMERCIAL
10.4.1.Overview
10.4.2.Commercial Market Forecast and Analysis
11.AIRCRAFT LIGHTNING DETECTION SYSTEMS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1.NORTH AMERICA
11.1.1North America Aircraft Lightning Detection Systems Market Overview
11.1.2North America Aircraft Lightning Detection Systems Market Forecasts and Analysis
11.1.3North America Aircraft Lightning Detection Systems Market Forecasts and Analysis - By Equipment
11.1.4North America Aircraft Lightning Detection Systems Market Forecasts and Analysis - By Aircraft Type
11.1.5North America Aircraft Lightning Detection Systems Market Forecasts and Analysis - By Fit
11.1.6North America Aircraft Lightning Detection Systems Market Forecasts and Analysis - By End-User
11.1.7North America Aircraft Lightning Detection Systems Market Forecasts and Analysis - By Countries
11.1.7.1United States Aircraft Lightning Detection Systems Market
11.1.7.1.1United States Aircraft Lightning Detection Systems Market by Equipment
11.1.7.1.2United States Aircraft Lightning Detection Systems Market by Aircraft Type
11.1.7.1.3United States Aircraft Lightning Detection Systems Market by Fit
11.1.7.1.4United States Aircraft Lightning Detection Systems Market by End-User
11.1.7.2Canada Aircraft Lightning Detection Systems Market
11.1.7.2.1Canada Aircraft Lightning Detection Systems Market by Equipment
11.1.7.2.2Canada Aircraft Lightning Detection Systems Market by Aircraft Type
11.1.7.2.3Canada Aircraft Lightning Detection Systems Market by Fit
11.1.7.2.4Canada Aircraft Lightning Detection Systems Market by End-User
11.1.7.3Mexico Aircraft Lightning Detection Systems Market
11.1.7.3.1Mexico Aircraft Lightning Detection Systems Market by Equipment
11.1.7.3.2Mexico Aircraft Lightning Detection Systems Market by Aircraft Type
11.1.7.3.3Mexico Aircraft Lightning Detection Systems Market by Fit
11.1.7.3.4Mexico Aircraft Lightning Detection Systems Market by End-User
11.2.EUROPE
11.2.1Europe Aircraft Lightning Detection Systems Market Overview
11.2.2Europe Aircraft Lightning Detection Systems Market Forecasts and Analysis
11.2.3Europe Aircraft Lightning Detection Systems Market Forecasts and Analysis - By Equipment
11.2.4Europe Aircraft Lightning Detection Systems Market Forecasts and Analysis - By Aircraft Type
11.2.5Europe Aircraft Lightning Detection Systems Market Forecasts and Analysis - By Fit
11.2.6Europe Aircraft Lightning Detection Systems Market Forecasts and Analysis - By End-User
11.2.7Europe Aircraft Lightning Detection Systems Market Forecasts and Analysis - By Countries
11.2.7.1Germany Aircraft Lightning Detection Systems Market
11.2.7.1.1Germany Aircraft Lightning Detection Systems Market by Equipment
11.2.7.1.2Germany Aircraft Lightning Detection Systems Market by Aircraft Type
11.2.7.1.3Germany Aircraft Lightning Detection Systems Market by Fit
11.2.7.1.4Germany Aircraft Lightning Detection Systems Market by End-User
11.2.7.2France Aircraft Lightning Detection Systems Market
11.2.7.2.1France Aircraft Lightning Detection Systems Market by Equipment
11.2.7.2.2France Aircraft Lightning Detection Systems Market by Aircraft Type
11.2.7.2.3France Aircraft Lightning Detection Systems Market by Fit
11.2.7.2.4France Aircraft Lightning Detection Systems Market by End-User
11.2.7.3Italy Aircraft Lightning Detection Systems Market
11.2.7.3.1Italy Aircraft Lightning Detection Systems Market by Equipment
11.2.7.3.2Italy Aircraft Lightning Detection Systems Market by Aircraft Type
11.2.7.3.3Italy Aircraft Lightning Detection Systems Market by Fit
11.2.7.3.4Italy Aircraft Lightning Detection Systems Market by End-User
11.2.7.4United Kingdom Aircraft Lightning Detection Systems Market
11.2.7.4.1United Kingdom Aircraft Lightning Detection Systems Market by Equipment
11.2.7.4.2United Kingdom Aircraft Lightning Detection Systems Market by Aircraft Type
11.2.7.4.3United Kingdom Aircraft Lightning Detection Systems Market by Fit
11.2.7.4.4United Kingdom Aircraft Lightning Detection Systems Market by End-User
11.2.7.5Russia Aircraft Lightning Detection Systems Market
11.2.7.5.1Russia Aircraft Lightning Detection Systems Market by Equipment
11.2.7.5.2Russia Aircraft Lightning Detection Systems Market by Aircraft Type
11.2.7.5.3Russia Aircraft Lightning Detection Systems Market by Fit
11.2.7.5.4Russia Aircraft Lightning Detection Systems Market by End-User
11.2.7.6Rest of Europe Aircraft Lightning Detection Systems Market
11.2.7.6.1Rest of Europe Aircraft Lightning Detection Systems Market by Equipment
11.2.7.6.2Rest of Europe Aircraft Lightning Detection Systems Market by Aircraft Type
11.2.7.6.3Rest of Europe Aircraft Lightning Detection Systems Market by Fit
11.2.7.6.4Rest of Europe Aircraft Lightning Detection Systems Market by End-User
11.3.ASIA-PACIFIC
11.3.1Asia-Pacific Aircraft Lightning Detection Systems Market Overview
11.3.2Asia-Pacific Aircraft Lightning Detection Systems Market Forecasts and Analysis
11.3.3Asia-Pacific Aircraft Lightning Detection Systems Market Forecasts and Analysis - By Equipment
11.3.4Asia-Pacific Aircraft Lightning Detection Systems Market Forecasts and Analysis - By Aircraft Type
11.3.5Asia-Pacific Aircraft Lightning Detection Systems Market Forecasts and Analysis - By Fit
11.3.6Asia-Pacific Aircraft Lightning Detection Systems Market Forecasts and Analysis - By End-User
11.3.7Asia-Pacific Aircraft Lightning Detection Systems Market Forecasts and Analysis - By Countries
11.3.7.1Australia Aircraft Lightning Detection Systems Market
11.3.7.1.1Australia Aircraft Lightning Detection Systems Market by Equipment
11.3.7.1.2Australia Aircraft Lightning Detection Systems Market by Aircraft Type
11.3.7.1.3Australia Aircraft Lightning Detection Systems Market by Fit
11.3.7.1.4Australia Aircraft Lightning Detection Systems Market by End-User
11.3.7.2China Aircraft Lightning Detection Systems Market
11.3.7.2.1China Aircraft Lightning Detection Systems Market by Equipment
11.3.7.2.2China Aircraft Lightning Detection Systems Market by Aircraft Type
11.3.7.2.3China Aircraft Lightning Detection Systems Market by Fit
11.3.7.2.4China Aircraft Lightning Detection Systems Market by End-User
11.3.7.3India Aircraft Lightning Detection Systems Market
11.3.7.3.1India Aircraft Lightning Detection Systems Market by Equipment
11.3.7.3.2India Aircraft Lightning Detection Systems Market by Aircraft Type
11.3.7.3.3India Aircraft Lightning Detection Systems Market by Fit
11.3.7.3.4India Aircraft Lightning Detection Systems Market by End-User
11.3.7.4Japan Aircraft Lightning Detection Systems Market
11.3.7.4.1Japan Aircraft Lightning Detection Systems Market by Equipment
11.3.7.4.2Japan Aircraft Lightning Detection Systems Market by Aircraft Type
11.3.7.4.3Japan Aircraft Lightning Detection Systems Market by Fit
11.3.7.4.4Japan Aircraft Lightning Detection Systems Market by End-User
11.3.7.5South Korea Aircraft Lightning Detection Systems Market
11.3.7.5.1South Korea Aircraft Lightning Detection Systems Market by Equipment
11.3.7.5.2South Korea Aircraft Lightning Detection Systems Market by Aircraft Type
11.3.7.5.3South Korea Aircraft Lightning Detection Systems Market by Fit
11.3.7.5.4South Korea Aircraft Lightning Detection Systems Market by End-User
11.3.7.6Rest of Asia-Pacific Aircraft Lightning Detection Systems Market
11.3.7.6.1Rest of Asia-Pacific Aircraft Lightning Detection Systems Market by Equipment
11.3.7.6.2Rest of Asia-Pacific Aircraft Lightning Detection Systems Market by Aircraft Type
11.3.7.6.3Rest of Asia-Pacific Aircraft Lightning Detection Systems Market by Fit
11.3.7.6.4Rest of Asia-Pacific Aircraft Lightning Detection Systems Market by End-User
11.4.MIDDLE EAST AND AFRICA
11.4.1Middle East and Africa Aircraft Lightning Detection Systems Market Overview
11.4.2Middle East and Africa Aircraft Lightning Detection Systems Market Forecasts and Analysis
11.4.3Middle East and Africa Aircraft Lightning Detection Systems Market Forecasts and Analysis - By Equipment
11.4.4Middle East and Africa Aircraft Lightning Detection Systems Market Forecasts and Analysis - By Aircraft Type
11.4.5Middle East and Africa Aircraft Lightning Detection Systems Market Forecasts and Analysis - By Fit
11.4.6Middle East and Africa Aircraft Lightning Detection Systems Market Forecasts and Analysis - By End-User
11.4.7Middle East and Africa Aircraft Lightning Detection Systems Market Forecasts and Analysis - By Countries
11.4.7.1South Africa Aircraft Lightning Detection Systems Market
11.4.7.1.1South Africa Aircraft Lightning Detection Systems Market by Equipment
11.4.7.1.2South Africa Aircraft Lightning Detection Systems Market by Aircraft Type
11.4.7.1.3South Africa Aircraft Lightning Detection Systems Market by Fit
11.4.7.1.4South Africa Aircraft Lightning Detection Systems Market by End-User
11.4.7.2Saudi Arabia Aircraft Lightning Detection Systems Market
11.4.7.2.1Saudi Arabia Aircraft Lightning Detection Systems Market by Equipment
11.4.7.2.2Saudi Arabia Aircraft Lightning Detection Systems Market by Aircraft Type
11.4.7.2.3Saudi Arabia Aircraft Lightning Detection Systems Market by Fit
11.4.7.2.4Saudi Arabia Aircraft Lightning Detection Systems Market by End-User
11.4.7.3U.A.E Aircraft Lightning Detection Systems Market
11.4.7.3.1U.A.E Aircraft Lightning Detection Systems Market by Equipment
11.4.7.3.2U.A.E Aircraft Lightning Detection Systems Market by Aircraft Type
11.4.7.3.3U.A.E Aircraft Lightning Detection Systems Market by Fit
11.4.7.3.4U.A.E Aircraft Lightning Detection Systems Market by End-User
11.4.7.4Rest of Middle East and Africa Aircraft Lightning Detection Systems Market
11.4.7.4.1Rest of Middle East and Africa Aircraft Lightning Detection Systems Market by Equipment
11.4.7.4.2Rest of Middle East and Africa Aircraft Lightning Detection Systems Market by Aircraft Type
11.4.7.4.3Rest of Middle East and Africa Aircraft Lightning Detection Systems Market by Fit
11.4.7.4.4Rest of Middle East and Africa Aircraft Lightning Detection Systems Market by End-User
11.5.SOUTH AND CENTRAL AMERICA
11.5.1South and Central America Aircraft Lightning Detection Systems Market Overview
11.5.2South and Central America Aircraft Lightning Detection Systems Market Forecasts and Analysis
11.5.3South and Central America Aircraft Lightning Detection Systems Market Forecasts and Analysis - By Equipment
11.5.4South and Central America Aircraft Lightning Detection Systems Market Forecasts and Analysis - By Aircraft Type
11.5.5South and Central America Aircraft Lightning Detection Systems Market Forecasts and Analysis - By Fit
11.5.6South and Central America Aircraft Lightning Detection Systems Market Forecasts and Analysis - By End-User
11.5.7South and Central America Aircraft Lightning Detection Systems Market Forecasts and Analysis - By Countries
11.5.7.1Brazil Aircraft Lightning Detection Systems Market
11.5.7.1.1Brazil Aircraft Lightning Detection Systems Market by Equipment
11.5.7.1.2Brazil Aircraft Lightning Detection Systems Market by Aircraft Type
11.5.7.1.3Brazil Aircraft Lightning Detection Systems Market by Fit
11.5.7.1.4Brazil Aircraft Lightning Detection Systems Market by End-User
11.5.7.2Argentina Aircraft Lightning Detection Systems Market
11.5.7.2.1Argentina Aircraft Lightning Detection Systems Market by Equipment
11.5.7.2.2Argentina Aircraft Lightning Detection Systems Market by Aircraft Type
11.5.7.2.3Argentina Aircraft Lightning Detection Systems Market by Fit
11.5.7.2.4Argentina Aircraft Lightning Detection Systems Market by End-User
11.5.7.3Rest of South and Central America Aircraft Lightning Detection Systems Market
11.5.7.3.1Rest of South and Central America Aircraft Lightning Detection Systems Market by Equipment
11.5.7.3.2Rest of South and Central America Aircraft Lightning Detection Systems Market by Aircraft Type
11.5.7.3.3Rest of South and Central America Aircraft Lightning Detection Systems Market by Fit
11.5.7.3.4Rest of South and Central America Aircraft Lightning Detection Systems Market by End-User
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 LIGHTNING DETECTION SYSTEMS MARKET, KEY COMPANY PROFILES
13.1.ASELSAN AS
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.BAE SYSTEMS
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.ELBIT SYSTEMS LTD.
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.L3 TECHNOLOGIES, 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.RAYTHEON 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.RUAG GROUP
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.SAAB AB
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.SARASOTA AVIONICS INTERNATIONAL
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.TOA SYSTEMS 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
13.10.UNITED TECHNOLOGIES CORPORATION
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. Aselsan AS
2. BAE Systems
3. Elbit Systems Ltd.
4. L3 Technologies, Inc.
5. Raytheon Company
6. RUAG Group
7. Saab AB
8. Sarasota Avionics International
9. TOA Systems Inc.
10. United Technologies Corporation
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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