Aircraft Solenoid Valves Market Scope and Size by 2031
The solenoid valve is an electromechanically operated valve. The characteristics of the electric current they use, the strength of the magnetic field they produce, the mechanism they use to regulate the fluid, and the form and characteristics of fluid they control all vary among solenoid valves. Linear motion, plunger-type actuators, pivoted-armature actuators, and rocker actuators are all examples of mechanisms. Solenoids provide quick and secure switching, as well as high reliability, long service life, medium compatibility of the materials used, low control strength, and a compact design. These solenoid valves are used for both military as well as commercial aircrafts. The common application of these solenoid valves in aviation are engine starting, running, deicing control. These valves are also utilized for fuel manifold purging and firewall shut off. These valves are specifically designed to operate reliably in high-vibration and high-temperature environments, which are common during flight.
MARKET SCOPE
The "Global Aircraft Solenoid Valves 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 Aircraft Solenoid Valves market with detailed market segmentation by type, application, and geography. The global Aircraft Solenoid Valves market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Aircraft Solenoid Valves market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of type, the market is segmented as, full-flow type, high-flow type, others.
- On the basis of application, the market is segmented as, commercial aircraft, military aircraft, general aviation aircraft.
MARKET DYNAMICS
Drivers:
- Rising demand of aircraft in both commercial and defense sector which will ultimately boost the solenoid valve demand
- Growth in general aviation due to increase in passenger pool
Restraint -
- Fluctuation in prices of raw materials
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 Solenoid Valves 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 trend. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Aircraft Solenoid Valves market in these regions.
IMPACT OF COVID-19 ON AIRCRAFT SOLENOID VALVES MARKET
COVID-19 severely impacted the aviation industry by the end of 2021 as there were several travel bans and other lockdown-related restrictions imposed across the globe. The impact of the pandemic extends to all segments of the aviation and aerospace industry, including Aircraft Solenoid Valves manufacturers. As a result of travel restrictions and economic slowdown due to the pandemic and the consequent fall in demand, airlines have been focusing on reducing costs and expenses, including cutting back on aircraft manufacturing spending. Due to the long duration of parked aircraft, there is an accelerated rate of aircraft retirements and more efficient and advanced aircraft deployment. Since aircraft components like Aircraft Solenoid Valves play a vital role and has wide application in commercial aviation, the demand for Aircraft Solenoid Valves is expected to regain momentum with the reopening of commercial flights. Moreover, the demand for such vital components for military aircraft also remains constant owing to the requirements of the military agency. Thus, the market for aircraft solenoid valves, after experiencing a steep dip in growth, is expected to remain neutrally affected by the pandemic.
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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 Solenoid Valves 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 trend. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the Aircraft Solenoid Valves market in these regions.
IMPACT OF COVID-19 ON AIRCRAFT SOLENOID VALVES MARKET
COVID-19 severely impacted the aviation industry by the end of 2021 as there were several travel bans and other lockdown-related restrictions imposed across the globe. The impact of the pandemic extends to all segments of the aviation and aerospace industry, including Aircraft Solenoid Valves manufacturers. As a result of travel restrictions and economic slowdown due to the pandemic and the consequent fall in demand, airlines have been focusing on reducing costs and expenses, including cutting back on aircraft manufacturing spending. Due to the long duration of parked aircraft, there is an accelerated rate of aircraft retirements and more efficient and advanced aircraft deployment. Since aircraft components like Aircraft Solenoid Valves play a vital role and has wide application in commercial aviation, the demand for Aircraft Solenoid Valves is expected to regain momentum with the reopening of commercial flights. Moreover, the demand for such vital components for military aircraft also remains constant owing to the requirements of the military agency. Thus, the market for aircraft solenoid valves, after experiencing a steep dip in growth, is expected to remain neutrally affected by the pandemic.
MARKET PLAYERS
The reports cover key developments in the Aircraft Solenoid Valves 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 expansion of business and customer base of market players. The market players from Aircraft Solenoid Valves market are anticipated to lucrative growth opportunities in the future with the rising demand for Aircraft Solenoid Valves market. Below mentioned is the list of few companies engaged in the Aircraft Solenoid Valves market.
The report also includes the profiles of key Aircraft Solenoid Valves market 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 last 3 years, key development in past five years.
- VALCOR ENGINEERING
- PARKER HANNIFIN CORP
- Honeywell Aerospace
- Circor Aerospace and Defense, Inc
- Auto-Valve
- Crissair, Inc
- FIMAC
- Magnet-Schultz GmbH and Co. KG
- Marotta Controls, Inc
- Meggitt PLC
- 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 Solenoid Valves Market - By Type
1.3.2 Aircraft Solenoid Valves Market - By Application
1.3.3 Aircraft Solenoid Valves Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AIRCRAFT SOLENOID VALVES 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 SOLENOID VALVES 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 SOLENOID VALVES MARKET - GLOBAL MARKET ANALYSIS
6.1. AIRCRAFT SOLENOID VALVES - GLOBAL MARKET OVERVIEW
6.2. AIRCRAFT SOLENOID VALVES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AIRCRAFT SOLENOID VALVES MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. FULL-FLOW TYPE
7.3.1. Overview
7.3.2. Full-Flow Type Market Forecast and Analysis
7.4. HIGH-FLOW TYPE
7.4.1. Overview
7.4.2. High-Flow Type Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. AIRCRAFT SOLENOID VALVES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. COMMERCIAL AIRCRAFT
8.3.1. Overview
8.3.2. Commercial Aircraft Market Forecast and Analysis
8.4. MILITARY AIRCRAFT
8.4.1. Overview
8.4.2. Military Aircraft Market Forecast and Analysis
8.5. GENERAL AVIATION AIRCRAFT
8.5.1. Overview
8.5.2. General Aviation Aircraft Market Forecast and Analysis
9. AIRCRAFT SOLENOID VALVES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Aircraft Solenoid Valves Market Overview
9.1.2 North America Aircraft Solenoid Valves Market Forecasts and Analysis
9.1.3 North America Aircraft Solenoid Valves Market Forecasts and Analysis - By Type
9.1.4 North America Aircraft Solenoid Valves Market Forecasts and Analysis - By Application
9.1.5 North America Aircraft Solenoid Valves Market Forecasts and Analysis - By Countries
9.1.5.1 United States Aircraft Solenoid Valves Market
9.1.5.1.1 United States Aircraft Solenoid Valves Market by Type
9.1.5.1.2 United States Aircraft Solenoid Valves Market by Application
9.1.5.2 Canada Aircraft Solenoid Valves Market
9.1.5.2.1 Canada Aircraft Solenoid Valves Market by Type
9.1.5.2.2 Canada Aircraft Solenoid Valves Market by Application
9.1.5.3 Mexico Aircraft Solenoid Valves Market
9.1.5.3.1 Mexico Aircraft Solenoid Valves Market by Type
9.1.5.3.2 Mexico Aircraft Solenoid Valves Market by Application
9.2. EUROPE
9.2.1 Europe Aircraft Solenoid Valves Market Overview
9.2.2 Europe Aircraft Solenoid Valves Market Forecasts and Analysis
9.2.3 Europe Aircraft Solenoid Valves Market Forecasts and Analysis - By Type
9.2.4 Europe Aircraft Solenoid Valves Market Forecasts and Analysis - By Application
9.2.5 Europe Aircraft Solenoid Valves Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Aircraft Solenoid Valves Market
9.2.5.1.1 Germany Aircraft Solenoid Valves Market by Type
9.2.5.1.2 Germany Aircraft Solenoid Valves Market by Application
9.2.5.2 France Aircraft Solenoid Valves Market
9.2.5.2.1 France Aircraft Solenoid Valves Market by Type
9.2.5.2.2 France Aircraft Solenoid Valves Market by Application
9.2.5.3 Italy Aircraft Solenoid Valves Market
9.2.5.3.1 Italy Aircraft Solenoid Valves Market by Type
9.2.5.3.2 Italy Aircraft Solenoid Valves Market by Application
9.2.5.4 United Kingdom Aircraft Solenoid Valves Market
9.2.5.4.1 United Kingdom Aircraft Solenoid Valves Market by Type
9.2.5.4.2 United Kingdom Aircraft Solenoid Valves Market by Application
9.2.5.5 Russia Aircraft Solenoid Valves Market
9.2.5.5.1 Russia Aircraft Solenoid Valves Market by Type
9.2.5.5.2 Russia Aircraft Solenoid Valves Market by Application
9.2.5.6 Rest of Europe Aircraft Solenoid Valves Market
9.2.5.6.1 Rest of Europe Aircraft Solenoid Valves Market by Type
9.2.5.6.2 Rest of Europe Aircraft Solenoid Valves Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Aircraft Solenoid Valves Market Overview
9.3.2 Asia-Pacific Aircraft Solenoid Valves Market Forecasts and Analysis
9.3.3 Asia-Pacific Aircraft Solenoid Valves Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Aircraft Solenoid Valves Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Aircraft Solenoid Valves Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Aircraft Solenoid Valves Market
9.3.5.1.1 Australia Aircraft Solenoid Valves Market by Type
9.3.5.1.2 Australia Aircraft Solenoid Valves Market by Application
9.3.5.2 China Aircraft Solenoid Valves Market
9.3.5.2.1 China Aircraft Solenoid Valves Market by Type
9.3.5.2.2 China Aircraft Solenoid Valves Market by Application
9.3.5.3 India Aircraft Solenoid Valves Market
9.3.5.3.1 India Aircraft Solenoid Valves Market by Type
9.3.5.3.2 India Aircraft Solenoid Valves Market by Application
9.3.5.4 Japan Aircraft Solenoid Valves Market
9.3.5.4.1 Japan Aircraft Solenoid Valves Market by Type
9.3.5.4.2 Japan Aircraft Solenoid Valves Market by Application
9.3.5.5 South Korea Aircraft Solenoid Valves Market
9.3.5.5.1 South Korea Aircraft Solenoid Valves Market by Type
9.3.5.5.2 South Korea Aircraft Solenoid Valves Market by Application
9.3.5.6 Rest of Asia-Pacific Aircraft Solenoid Valves Market
9.3.5.6.1 Rest of Asia-Pacific Aircraft Solenoid Valves Market by Type
9.3.5.6.2 Rest of Asia-Pacific Aircraft Solenoid Valves Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Aircraft Solenoid Valves Market Overview
9.4.2 Middle East and Africa Aircraft Solenoid Valves Market Forecasts and Analysis
9.4.3 Middle East and Africa Aircraft Solenoid Valves Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Aircraft Solenoid Valves Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Aircraft Solenoid Valves Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Aircraft Solenoid Valves Market
9.4.5.1.1 South Africa Aircraft Solenoid Valves Market by Type
9.4.5.1.2 South Africa Aircraft Solenoid Valves Market by Application
9.4.5.2 Saudi Arabia Aircraft Solenoid Valves Market
9.4.5.2.1 Saudi Arabia Aircraft Solenoid Valves Market by Type
9.4.5.2.2 Saudi Arabia Aircraft Solenoid Valves Market by Application
9.4.5.3 U.A.E Aircraft Solenoid Valves Market
9.4.5.3.1 U.A.E Aircraft Solenoid Valves Market by Type
9.4.5.3.2 U.A.E Aircraft Solenoid Valves Market by Application
9.4.5.4 Rest of Middle East and Africa Aircraft Solenoid Valves Market
9.4.5.4.1 Rest of Middle East and Africa Aircraft Solenoid Valves Market by Type
9.4.5.4.2 Rest of Middle East and Africa Aircraft Solenoid Valves Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Aircraft Solenoid Valves Market Overview
9.5.2 South and Central America Aircraft Solenoid Valves Market Forecasts and Analysis
9.5.3 South and Central America Aircraft Solenoid Valves Market Forecasts and Analysis - By Type
9.5.4 South and Central America Aircraft Solenoid Valves Market Forecasts and Analysis - By Application
9.5.5 South and Central America Aircraft Solenoid Valves Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Aircraft Solenoid Valves Market
9.5.5.1.1 Brazil Aircraft Solenoid Valves Market by Type
9.5.5.1.2 Brazil Aircraft Solenoid Valves Market by Application
9.5.5.2 Rest of South and Central America Aircraft Solenoid Valves Market
9.5.5.2.1 Rest of South and Central America Aircraft Solenoid Valves Market by Type
9.5.5.2.2 Rest of South and Central America Aircraft Solenoid Valves 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 SOLENOID VALVES MARKET, KEY COMPANY PROFILES
11.1. VALCOR ENGINEERING
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. PARKER HANNIFIN CORP
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. HONEYWELL AEROSPACE
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. CIRCOR AEROSPACE AND DEFENSE, INC
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. AUTO-VALVE
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. CRISSAIR, 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. FIMAC
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. MAGNET-SCHULTZ GMBH AND CO. KG
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. MAROTTA CONTROLS, INC
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. MEGGITT 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
1. VALCOR ENGINEERING
2. PARKER HANNIFIN CORP
3. Honeywell Aerospace
4. Circor Aerospace and Defense, Inc
5. Auto-Valve
6. Crissair, Inc
7. FIMAC
8. Magnet-Schultz GmbH and Co. KG
9. Marotta Controls, Inc
10. Meggitt PLC
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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