Aircraft Tugs Market Key Players Analysis 2031
The critical factor supporting the airport ground equipment industry is aircraft towing tractors (conventional/towbar and towbar-less). The structure of these vehicles is design to perform the tasks like pushing back and forth an aircraft, tugging the aircraft between its hangar and gate, and towing for maintenance purposes. Aircraft towing tractors are structured and designed in such a way that it can pull different versions of aircraft, from small planes to large aircraft. Moreover, Self-driven aircraft tugs are expected to witness growth in the near future. The integration of new immerging technology in aircraft towing vehicles may bring growth in the market during the forecast period.
MARKET DYNAMICS
The integration of self-driven vehicle technology with the new enhanced application in the development of aircraft tugs to facilitate aircraft towing is the primary factor driving the growth of the market. However, the aircraft tugs with tow bars have been allied with costly staff training, limited speed, and time-intensive installation. In consideration of these problems, the aircraft tugs manufacturers and developers have been looking forward to the improvement of advanced solutions, which has given a boost to the growth aircraft tugs market.
MARKET SCOPE
The "Global Aircraft Tugs Market Analysis to 2031" is a specialized and in-depth study of the Aircraft tugs market with a special focus on the global market trend analysis. The report aims to provide an overview of the Aircraft tugs market with detailed market segmentation by type, handling capacity, fuel, aircraft type. The global Aircraft tugs market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Aircraft tugs market players and offers key trends and opportunities in the Aircraft tugs market.
MARKET SEGMENTATION
The global Aircraft tugs market is segmented on the basis of type, handling capacity, fuel, aircraft type. On the basis of type, the market is segmented as conventional or towbars, towbar-less. On the basis of handling capacity, the market is segmented as up to 50 tonnes, 51 to 150 tonnes, 151 to 260 tonnes, More Than 260 tonnes. On the basis of fuel, the market is segmented as diesel, gas, electric. On the basis of aircraft type, the market is segmented as civil, cargo, military, executive jet
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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 tugs 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 America. The Aircraft tugs 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 trends and opportunities prevailing in the region.
The report analyzes factors affecting aircraft tugs market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the aircraft tugs market in these regions.
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
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
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 tugs 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 America. The Aircraft tugs 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 trends and opportunities prevailing in the region.
The report analyzes factors affecting aircraft tugs market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the aircraft tugs market in these regions.
MARKET PLAYERS
The reports cover key developments in the Aircraft tugs 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 partnerships & collaborations. These activities have paved the way for an expansion of business and customer base of market players. The market players from the Aircraft tugs market are anticipated to lucrative growth opportunities in the future with the rising demand for aircraft tugs market. Below mentioned is the list of few companies engaged in the aircraft tugs market.
The report also includes the profiles of key aircraft tugs 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 the last 3 years, key development in the past five years.
- TEXTRON GSE
- JBT CORPORATION
- TREPEL AIRCRAFT EQUIPMENT GMBH
- TLD GROUP SAS
- LEKTRO, INC.
- AIRTUG LLC
- MOTOTOK INTERNATIONAL GMBH
- TRONAIR INC.
- MULAG FAHRZEUGWERK HEINZ WOSSNER GMBH U. CO. KG
- KALMAR MOTOR AB
- 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 Tugs Market - By Type
1.3.2 Aircraft Tugs Market - By Handling Capacity
1.3.3 Aircraft Tugs Market - By Fuel
1.3.4 Aircraft Tugs Market - By Aircraft Type
1.3.5 Aircraft Tugs Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AIRCRAFT TUGS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. AIRCRAFT TUGS 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 TUGS MARKET - GLOBAL MARKET ANALYSIS
6.1. AIRCRAFT TUGS - GLOBAL MARKET OVERVIEW
6.2. AIRCRAFT TUGS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AIRCRAFT TUGS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. CONVENTIONAL OR TOWBARS
7.3.1. Overview
7.3.2. Conventional or Towbars Market Forecast and Analysis
7.4. TOWBARLESS
7.4.1. Overview
7.4.2. Towbarless Market Forecast and Analysis
8. AIRCRAFT TUGS MARKET - REVENUE AND FORECASTS TO 2028 - HANDLING CAPACITY
8.1. OVERVIEW
8.2. HANDLING CAPACITY MARKET FORECASTS AND ANALYSIS
8.3. UP TO 50 TONNES
8.3.1. Overview
8.3.2. Up to 50 Tonnes Market Forecast and Analysis
8.4. 51-150 TONNES
8.4.1. Overview
8.4.2. 51-150 Tonnes Market Forecast and Analysis
8.5. 151-260 TONNES
8.5.1. Overview
8.5.2. 151-260 Tonnes Market Forecast and Analysis
8.6. MORE THAN 260 TONNES
8.6.1. Overview
8.6.2. More than 260 Tonnes Market Forecast and Analysis
9. AIRCRAFT TUGS MARKET - REVENUE AND FORECASTS TO 2028 - FUEL
9.1. OVERVIEW
9.2. FUEL MARKET FORECASTS AND ANALYSIS
9.3. DIESEL
9.3.1. Overview
9.3.2. Diesel Market Forecast and Analysis
9.4. GAS
9.4.1. Overview
9.4.2. Gas Market Forecast and Analysis
9.5. ELECTRIC
9.5.1. Overview
9.5.2. Electric Market Forecast and Analysis
10. AIRCRAFT TUGS MARKET - REVENUE AND FORECASTS TO 2028 - AIRCRAFT TYPE
10.1. OVERVIEW
10.2. AIRCRAFT TYPE MARKET FORECASTS AND ANALYSIS
10.3. CIVIL
10.3.1. Overview
10.3.2. Civil Market Forecast and Analysis
10.4. CARGO
10.4.1. Overview
10.4.2. Cargo Market Forecast and Analysis
10.5. MILITARY
10.5.1. Overview
10.5.2. Military Market Forecast and Analysis
10.6. EXECUTIVE JET
10.6.1. Overview
10.6.2. Executive Jet Market Forecast and Analysis
11. AIRCRAFT TUGS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Aircraft Tugs Market Overview
11.1.2 North America Aircraft Tugs Market Forecasts and Analysis
11.1.3 North America Aircraft Tugs Market Forecasts and Analysis - By Type
11.1.4 North America Aircraft Tugs Market Forecasts and Analysis - By Handling Capacity
11.1.5 North America Aircraft Tugs Market Forecasts and Analysis - By Fuel
11.1.6 North America Aircraft Tugs Market Forecasts and Analysis - By Aircraft Type
11.1.7 North America Aircraft Tugs Market Forecasts and Analysis - By Countries
11.1.7.1 Canada Aircraft Tugs Market
11.1.7.1.1 Canada Aircraft Tugs Market by Type
11.1.7.1.2 Canada Aircraft Tugs Market by Handling Capacity
11.1.7.1.3 Canada Aircraft Tugs Market by Fuel
11.1.7.1.4 Canada Aircraft Tugs Market by Aircraft Type
11.1.7.2 Mexico Aircraft Tugs Market
11.1.7.2.1 Mexico Aircraft Tugs Market by Type
11.1.7.2.2 Mexico Aircraft Tugs Market by Handling Capacity
11.1.7.2.3 Mexico Aircraft Tugs Market by Fuel
11.1.7.2.4 Mexico Aircraft Tugs Market by Aircraft Type
11.1.7.3 US Aircraft Tugs Market
11.1.7.3.1 US Aircraft Tugs Market by Type
11.1.7.3.2 US Aircraft Tugs Market by Handling Capacity
11.1.7.3.3 US Aircraft Tugs Market by Fuel
11.1.7.3.4 US Aircraft Tugs Market by Aircraft Type
11.2. EUROPE
11.2.1 Europe Aircraft Tugs Market Overview
11.2.2 Europe Aircraft Tugs Market Forecasts and Analysis
11.2.3 Europe Aircraft Tugs Market Forecasts and Analysis - By Type
11.2.4 Europe Aircraft Tugs Market Forecasts and Analysis - By Handling Capacity
11.2.5 Europe Aircraft Tugs Market Forecasts and Analysis - By Fuel
11.2.6 Europe Aircraft Tugs Market Forecasts and Analysis - By Aircraft Type
11.2.7 Europe Aircraft Tugs Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Aircraft Tugs Market
11.2.7.1.1 Germany Aircraft Tugs Market by Type
11.2.7.1.2 Germany Aircraft Tugs Market by Handling Capacity
11.2.7.1.3 Germany Aircraft Tugs Market by Fuel
11.2.7.1.4 Germany Aircraft Tugs Market by Aircraft Type
11.2.7.2 France Aircraft Tugs Market
11.2.7.2.1 France Aircraft Tugs Market by Type
11.2.7.2.2 France Aircraft Tugs Market by Handling Capacity
11.2.7.2.3 France Aircraft Tugs Market by Fuel
11.2.7.2.4 France Aircraft Tugs Market by Aircraft Type
11.2.7.3 Italy Aircraft Tugs Market
11.2.7.3.1 Italy Aircraft Tugs Market by Type
11.2.7.3.2 Italy Aircraft Tugs Market by Handling Capacity
11.2.7.3.3 Italy Aircraft Tugs Market by Fuel
11.2.7.3.4 Italy Aircraft Tugs Market by Aircraft Type
11.2.7.4 United Kingdom Aircraft Tugs Market
11.2.7.4.1 United Kingdom Aircraft Tugs Market by Type
11.2.7.4.2 United Kingdom Aircraft Tugs Market by Handling Capacity
11.2.7.4.3 United Kingdom Aircraft Tugs Market by Fuel
11.2.7.4.4 United Kingdom Aircraft Tugs Market by Aircraft Type
11.2.7.5 Russia Aircraft Tugs Market
11.2.7.5.1 Russia Aircraft Tugs Market by Type
11.2.7.5.2 Russia Aircraft Tugs Market by Handling Capacity
11.2.7.5.3 Russia Aircraft Tugs Market by Fuel
11.2.7.5.4 Russia Aircraft Tugs Market by Aircraft Type
11.2.7.6 Rest of Europe Aircraft Tugs Market
11.2.7.6.1 Rest of Europe Aircraft Tugs Market by Type
11.2.7.6.2 Rest of Europe Aircraft Tugs Market by Handling Capacity
11.2.7.6.3 Rest of Europe Aircraft Tugs Market by Fuel
11.2.7.6.4 Rest of Europe Aircraft Tugs Market by Aircraft Type
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Aircraft Tugs Market Overview
11.3.2 Asia-Pacific Aircraft Tugs Market Forecasts and Analysis
11.3.3 Asia-Pacific Aircraft Tugs Market Forecasts and Analysis - By Type
11.3.4 Asia-Pacific Aircraft Tugs Market Forecasts and Analysis - By Handling Capacity
11.3.5 Asia-Pacific Aircraft Tugs Market Forecasts and Analysis - By Fuel
11.3.6 Asia-Pacific Aircraft Tugs Market Forecasts and Analysis - By Aircraft Type
11.3.7 Asia-Pacific Aircraft Tugs Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Aircraft Tugs Market
11.3.7.1.1 Australia Aircraft Tugs Market by Type
11.3.7.1.2 Australia Aircraft Tugs Market by Handling Capacity
11.3.7.1.3 Australia Aircraft Tugs Market by Fuel
11.3.7.1.4 Australia Aircraft Tugs Market by Aircraft Type
11.3.7.2 China Aircraft Tugs Market
11.3.7.2.1 China Aircraft Tugs Market by Type
11.3.7.2.2 China Aircraft Tugs Market by Handling Capacity
11.3.7.2.3 China Aircraft Tugs Market by Fuel
11.3.7.2.4 China Aircraft Tugs Market by Aircraft Type
11.3.7.3 India Aircraft Tugs Market
11.3.7.3.1 India Aircraft Tugs Market by Type
11.3.7.3.2 India Aircraft Tugs Market by Handling Capacity
11.3.7.3.3 India Aircraft Tugs Market by Fuel
11.3.7.3.4 India Aircraft Tugs Market by Aircraft Type
11.3.7.4 Japan Aircraft Tugs Market
11.3.7.4.1 Japan Aircraft Tugs Market by Type
11.3.7.4.2 Japan Aircraft Tugs Market by Handling Capacity
11.3.7.4.3 Japan Aircraft Tugs Market by Fuel
11.3.7.4.4 Japan Aircraft Tugs Market by Aircraft Type
11.3.7.5 South Korea Aircraft Tugs Market
11.3.7.5.1 South Korea Aircraft Tugs Market by Type
11.3.7.5.2 South Korea Aircraft Tugs Market by Handling Capacity
11.3.7.5.3 South Korea Aircraft Tugs Market by Fuel
11.3.7.5.4 South Korea Aircraft Tugs Market by Aircraft Type
11.3.7.6 Rest of Asia-Pacific Aircraft Tugs Market
11.3.7.6.1 Rest of Asia-Pacific Aircraft Tugs Market by Type
11.3.7.6.2 Rest of Asia-Pacific Aircraft Tugs Market by Handling Capacity
11.3.7.6.3 Rest of Asia-Pacific Aircraft Tugs Market by Fuel
11.3.7.6.4 Rest of Asia-Pacific Aircraft Tugs Market by Aircraft Type
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Aircraft Tugs Market Overview
11.4.2 Middle East and Africa Aircraft Tugs Market Forecasts and Analysis
11.4.3 Middle East and Africa Aircraft Tugs Market Forecasts and Analysis - By Type
11.4.4 Middle East and Africa Aircraft Tugs Market Forecasts and Analysis - By Handling Capacity
11.4.5 Middle East and Africa Aircraft Tugs Market Forecasts and Analysis - By Fuel
11.4.6 Middle East and Africa Aircraft Tugs Market Forecasts and Analysis - By Aircraft Type
11.4.7 Middle East and Africa Aircraft Tugs Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Aircraft Tugs Market
11.4.7.1.1 South Africa Aircraft Tugs Market by Type
11.4.7.1.2 South Africa Aircraft Tugs Market by Handling Capacity
11.4.7.1.3 South Africa Aircraft Tugs Market by Fuel
11.4.7.1.4 South Africa Aircraft Tugs Market by Aircraft Type
11.4.7.2 Saudi Arabia Aircraft Tugs Market
11.4.7.2.1 Saudi Arabia Aircraft Tugs Market by Type
11.4.7.2.2 Saudi Arabia Aircraft Tugs Market by Handling Capacity
11.4.7.2.3 Saudi Arabia Aircraft Tugs Market by Fuel
11.4.7.2.4 Saudi Arabia Aircraft Tugs Market by Aircraft Type
11.4.7.3 U.A.E Aircraft Tugs Market
11.4.7.3.1 U.A.E Aircraft Tugs Market by Type
11.4.7.3.2 U.A.E Aircraft Tugs Market by Handling Capacity
11.4.7.3.3 U.A.E Aircraft Tugs Market by Fuel
11.4.7.3.4 U.A.E Aircraft Tugs Market by Aircraft Type
11.4.7.4 Rest of Middle East and Africa Aircraft Tugs Market
11.4.7.4.1 Rest of Middle East and Africa Aircraft Tugs Market by Type
11.4.7.4.2 Rest of Middle East and Africa Aircraft Tugs Market by Handling Capacity
11.4.7.4.3 Rest of Middle East and Africa Aircraft Tugs Market by Fuel
11.4.7.4.4 Rest of Middle East and Africa Aircraft Tugs Market by Aircraft Type
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Aircraft Tugs Market Overview
11.5.2 South and Central America Aircraft Tugs Market Forecasts and Analysis
11.5.3 South and Central America Aircraft Tugs Market Forecasts and Analysis - By Type
11.5.4 South and Central America Aircraft Tugs Market Forecasts and Analysis - By Handling Capacity
11.5.5 South and Central America Aircraft Tugs Market Forecasts and Analysis - By Fuel
11.5.6 South and Central America Aircraft Tugs Market Forecasts and Analysis - By Aircraft Type
11.5.7 South and Central America Aircraft Tugs Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Aircraft Tugs Market
11.5.7.1.1 Brazil Aircraft Tugs Market by Type
11.5.7.1.2 Brazil Aircraft Tugs Market by Handling Capacity
11.5.7.1.3 Brazil Aircraft Tugs Market by Fuel
11.5.7.1.4 Brazil Aircraft Tugs Market by Aircraft Type
11.5.7.2 Argentina Aircraft Tugs Market
11.5.7.2.1 Argentina Aircraft Tugs Market by Type
11.5.7.2.2 Argentina Aircraft Tugs Market by Handling Capacity
11.5.7.2.3 Argentina Aircraft Tugs Market by Fuel
11.5.7.2.4 Argentina Aircraft Tugs Market by Aircraft Type
11.5.7.3 Rest of South and Central America Aircraft Tugs Market
11.5.7.3.1 Rest of South and Central America Aircraft Tugs Market by Type
11.5.7.3.2 Rest of South and Central America Aircraft Tugs Market by Handling Capacity
11.5.7.3.3 Rest of South and Central America Aircraft Tugs Market by Fuel
11.5.7.3.4 Rest of South and Central America Aircraft Tugs Market by Aircraft Type
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. AIRCRAFT TUGS MARKET, KEY COMPANY PROFILES
13.1. TEXTRON GSE
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. JBT CORPORATION
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. TREPEL AIRCRAFT EQUIPMENT GMBH
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. TLD GROUP SAS
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. LEKTRO, INC.
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. AIRTUG LLC
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. MOTOTOK INTERNATIONAL GMBH
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. TRONAIR INC.
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. MULAG FAHRZEUGWERK HEINZ WöSSNER GMBH U. CO. KG
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. KALMAR MOTOR AB
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. Textron GSE
2. JBT Corporation
3. TREPEL Aircraft Equipment GmbH
4. TLD Group SAS
5. LEKTRO, Inc.
6. Airtug LLC
7. Mototok International GmbH
8. Tronair Inc.
9. MULAG Fahrzeugwerk Heinz Wössner GmbH u. Co. KG
10. Kalmar Motor AB
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.
Get Free Sample For