The Europe air cargo market is expected to grow from US$ 30.27 billion in 2022 to US$ 43.29 billion by 2028; it is estimated to grow at a CAGR of 6.1% from 2022 to 2028.
The growing demand for air cargo across European countries owing to demand for different products from the e-commerce platforms is catalyzing the growth of Europe air cargo market across the region. Moreover, the airlines operating across the Europe air cargo market are also focusing on introducing new air cargo solutions for their respective customers to cater to the customers’ demands to remain competitive in the market. Also, the Europe air cargo market players have been pushing their existing capacities to expand their air cargo volumes to cater to the increasing cargo volume traffic worldwide. This is also leading to the procurement of new aircraft models by air freight companies for expanding their respective cargo fleet. For instance, in November 2021, CMA CGM AIR CARGO placed an order for 4 new Airbus A350F aircraft that will be used for expanding its air cargo operations across its services.
Further, the growing air cargo traffic (CTK) across Europe is another major factor likely to generate new market opportunities for Europe air cargo market players during the forecast period. In addition, according to the Boeing's 2022 World Air Cargo Forecast (WACF), Europe accounted for 20% of the global air cargo volume reaching a value of around 57 billion RTK (Revenue Tonne Kilometer) in 2021. This is driven by the growth in the air cargo volume from cross country cargo operations. For instance, according to the WACF, East Asia-Europe cargo volumes are expected to witness a growth of 4.5% during 2022-2041. Similarly, according to the same source, Middle East-Europe cargo volumes are expected to witness a growth of 2.3% during 2022-2041. Such instances are likely to generate new market opportunities for Europe air cargo players during the forecast period.
Further, regulatory enforcement, including customs departments, represents a major challenge such as potentially slowing a shipment delivery or requiring shipping containers to be opened for inspection. Moreover, the temporary ban on social gatherings and shutdown of stores, restaurants, grocery shops, gardening centers, theatres, and concerts have led consumers to shop online. The consumers' behavior has changed toward online retail. For instance, according to the International Trade Association e-commerce registered 18% of the total retail sales volume in 2020 and continues to increase worldwide. All these factors have catalyzed the Europe air cargo market growth in 2020.
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Europe Air Cargo Market: Strategic Insights
Market Size Value in US$ 30.27 Billion in 2022 Market Size Value by US$ 43.29 Billion by 2028 Growth rate CAGR of 6.1% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2022
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Europe Air Cargo Market: Strategic Insights
| Market Size Value in | US$ 30.27 Billion in 2022 |
| Market Size Value by | US$ 43.29 Billion by 2028 |
| Growth rate | CAGR of 6.1% from 2022 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2022 |
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Impact of COVID-19 Pandemic on Air Cargo Market
Europe is characterized by a large number of developing countries, a high industrial presence, and a positive economic outlook. Air cargo demand has witnessed growth in the region since the onset of the COVID-19 crisis, as France and other countries have been a major contributor to the Europe air cargo market growth. The recovery of Europe international cargo tonne-kilometers (CTKs) slightly accelerated as airlines added more capacity to the routes. In addition, according to IATA, international air cargo grew by 10.5% in February 2021 compared to the same month in 2019. Furthermore, the region’s airlines reported the highest international load factor at 74.0% in 2021. Hence, the COVID-19 pandemic is positively impacting the air cargo market in Europe.
Lucrative Regions for Air Cargo Market
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Market Insights – Air Cargo Market
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Europe has one of the world’s leading aviation sectors, which signifies the rise in the demand for air cargo across the region. The presence of several air cargo companies such as Cargolux, DHL, FedEx Express, Lufthansa Cargo, and Air France KLM is one of the major factors contributing to the growth of the Europe air cargo market. Moreover, the demand for air cargo across the region is also driven by the increasing cross-border air cargo operations and connectivity of European countries to Asian and North American countries.
End User-Based Insights
Based on end user, the air cargo market is further segmented into retail, pharmaceutical and healthcare, food and beverage, consumer electronics, automotive, and others. Pharmaceutical and healthcare segment is expected to dominate the Europe air cargo market in 2022 and it is expected to witness highest CAGR to drive the Europe air cargo market growth during the forecast period.
The Europe air cargo market size is segmented on the basis of type, service, end user, and country. In terms of type, the Europe air cargo market is bifurcated into air mail and air freight. Based on service, the Europe air cargo market size is bifurcated into express and regular. Based on end user, the Europe air cargo market is segmented into retail, pharmaceutical and healthcare, food and beverage, consumer electronics, automotive, and others. By country, the Europe air cargo market is primarily segmented into France, Germany, the UK, Italy, Russia, and the Rest of Europe.
Some of the key Europe air cargo market players include Turkish Cargo, DHL International, Air France KLM Martinair Cargo, United Parcel Services Inc, and FedEx Corporation.
The Europe air cargo market players are mainly focused on providing reliable and efficient air cargo services to their respective customers across the region. For instance:
- In October 2022, Cargolux placed an order for 10 Boeing B777-8F freighters and six options as it looks to replace its older quadjet aircraft fleet.
- In 2021,KLM introduced an innovative Cargo Seat Bag (CSB). It is a user-friendly, easy-to-install, and removable cargo seat bag. It was designed in collaboration with the product developer and supplier Trip & Co. It protects the interior, seats, and entertainment systems; doubles the seats' loading capacity; decreases physical strain during handling; and prevents plastic waste.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Service, and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
France, Germany, Italy, Russian Federation, United Kingdom
Frequently Asked Questions
The estimated Europe market size for the air cargo market in 2022 is expected to be around US$ 30.27 billion
1. Speedy adoption of e-commerce platforms
2. Continuous need to transport temperature-sensitive products
1. Rational cool chain solutions
2. Execution of several software solutions
Turkish Cargo, DHL International, Air France KLM Martinair Cargo, United Parcel Services Inc, and FedEx Corporation are the key market players expected to hold a major market share of Europe air cargo market in 2022
The UK is expected to register highest CAGR in the Europe air cargo market during the forecast period (2022-2028)
The UK, Italy, and France are expected to register high growth rate during the forecast period
France is expected to hold a major market share of Europe air cargo market in 2022
Air freight segment is expected to hold a major market share of air cargo market in 2022
The Europe market size of air cargo market by 2028 will be around US$ 43.29 billion
The air cargo market is expected to register an incremental growth value of US$ 13.02 billion during the forecast period
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Air Cargo Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
4.5 Russia Ukraine War Impact in the Air Cargo Operations
5. Europe Air Cargo Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Speedy Adoption of E-Commerce Platforms
5.1.2 Continuous Need to Transport Temperature-Sensitive Products
5.2 Market Restraints
5.2.1 Market Ambiguity
5.2.2 Difficulty in Temperature-Sensitive Cargo Operations
5.3 Opportunity
5.3.1 Construction of New Greenfield Airports
5.4 Future trends
5.4.1 Rational Cool Chain Solutions
5.4.2 Execution of Several Software Solutions
5.5 Impact Analysis of Drivers and Restraints
6. Air Cargo Market – Europe Market Analysis
6.1 Europe Air Cargo Market Overview
6.2 Air Cargo Market Forecast and Analysis
6.3 Market Positioning – Europe Key Players
7. Europe Air Cargo Market Analysis – by Type
7.1 Overview
7.2 Europe Air Cargo Market Breakdown, by Type, 2021 and 2028
7.3 Air Mail
7.3.1 Overview
7.3.2 Air Mail: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
7.4 Air Freight
7.4.1 Overview
7.4.2 Air Freight: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
8. Europe Air Cargo Market Analysis – by Service
8.1 Overview
8.2 Europe Air Cargo Market Breakdown, by Service, 2021 and 2028
8.3 Express
8.3.1 Overview
8.3.2 Express: Europe Air Cargo Market– Revenue and Forecast to 2028 (US$ Billion)
8.4 Regular
8.4.1 Overview
8.4.2 Regular: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
9. Europe Air Cargo Market Analysis – by End User
9.1 Overview
9.2 Europe Air Cargo Market Breakdown, by End User, 2021 and 2028
9.3 Retail
9.3.1 Overview
9.3.2 Retail: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
9.4 Pharmaceutical and Healthcare
9.4.1 Overview
9.4.2 Pharmaceutical and Healthcare: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
9.5 Food and Beverage
9.5.1 Overview
9.5.1.1 Food and Beverages: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
9.6 Consumer Electronics
9.6.1 Overview
9.6.2 Consumer Electronics: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
9.7 Automotive
9.7.1 Overview
9.7.2 Automotive: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
9.8 Others
9.8.1 Overview
9.8.2 Others: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
10. Europe Air Cargo Market Analysis – Geographic Analysis
10.1 Overview
10.2 Europe Air Cargo Market Breakdown, by Country, 2021 and 2028
10.2.1 France: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
10.2.1.1 France: Europe Air Cargo Market, by Type
10.2.1.2 France: Europe Air Cargo Market, by Service
10.2.1.3 France: Europe Air Cargo Market, by End User
10.2.2 Germany: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
10.2.2.1 Germany: Europe Air Cargo Market, by Type
10.2.2.2 Germany: Europe Air Cargo Market, by Service
10.2.2.3 Germany: Europe Air Cargo Market, by End User
10.2.3 Italy: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
10.2.3.1 Italy: Europe Air Cargo Market, by Type
10.2.3.2 Italy: Europe Air Cargo Market, by Service
10.2.3.3 Italy: Europe Air Cargo Market, by End User
10.2.4 UK: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
10.2.4.1 UK: Europe Air Cargo Market, by Type
10.2.4.2 UK: Europe Air Cargo Market, by Service
10.2.4.3 UK: Europe Air Cargo Market, by End User
10.2.5 Russia: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
10.2.5.1 Russia: Europe Air Cargo Market, by Type
10.2.5.2 Russia: Europe Air Cargo Market, by Service
10.2.5.3 Russia: Europe Air Cargo Market, by End User
10.2.6 Rest of Europe: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
10.2.6.1 Rest of Europe: Europe Air Cargo Market, by Type
10.2.6.2 Rest of Europe: Europe Air Cargo Market, by Service
10.2.6.3 Rest of Europe: Europe Air Cargo Market, by End User
11. Air Cargo Market- COVID-19 Impact Analysis
11.1 Europe: Impact Assessment of Covid-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger & Acquisition
13. Company Profiles
13.1 Cargolux
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
13.2 DHL International GmbH (Deutsche Post DHL Group)
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 FedEx Corporation
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 United Parcel Service of America, 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 Lufthansa Cargo AG
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 Turk Hava Yollari Anonim Ortaklig
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 European Cargo Ltd
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 Air France KLM SA
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 IAG Cargo Ltd
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 SAS Cargo Group AS
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 Word Index
LIST OF TABLES
Table 1. Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
Table 2. France: Europe Air Cargo Market, by Type–Revenue and Forecast to 2028 (US$ Billion)
Table 3. France: Europe Air Cargo Market, by Service–Revenue and Forecast to 2028 (US$ Billion)
Table 4. France: Europe Air Cargo Market, by End User –Revenue and Forecast to 2028 (US$ Billion)
Table 5. Germany: Europe Air Cargo Market, by Type–Revenue and Forecast to 2028 (US$ Billion)
Table 6. Germany: Europe Air Cargo Market, by Service–Revenue and Forecast to 2028 (US$ Billion)
Table 7. Germany: Europe Air Cargo Market, by End User –Revenue and Forecast to 2028 (US$ Billion)
Table 8. Italy: Europe Air Cargo Market, by Type–Revenue and Forecast to 2028 (US$ Billion)
Table 9. Italy: Europe Air Cargo Market, by Service–Revenue and Forecast to 2028 (US$ Billion)
Table 10. Italy: Europe Air Cargo Market, by End User –Revenue and Forecast to 2028 (US$ Billion)
Table 11. UK: Europe Air Cargo Market, by Type–Revenue and Forecast to 2028 (US$ Billion)
Table 12. UK: Europe Air Cargo Market, by Service–Revenue and Forecast to 2028 (US$ Billion)
Table 13. UK: Europe Air Cargo Market, by End User –Revenue and Forecast to 2028 (US$ Billion)
Table 14. Russia: Europe Air Cargo Market, by Type–Revenue and Forecast to 2028 (US$ Billion)
Table 15. Russia: Europe Air Cargo Market, by Service–Revenue and Forecast to 2028 (US$ Billion)
Table 16. Russia: Europe Air Cargo Market, by End User –Revenue and Forecast to 2028 (US$ Billion)
Table 17. Rest of Europe: Europe Air Cargo Market, by Type–Revenue and Forecast to 2028 (US$ Billion)
Table 18. Rest of Europe: Europe Air Cargo Market, by Service–Revenue and Forecast to 2028 (US$ Billion)
Table 19. Rest of Europe: Europe Air Cargo Market, by End User –Revenue and Forecast to 2028 (US$ Billion)
Table 20. List of Abbreviation
LIST OF FIGURES
Figure 1. Air Cargo Market Segmentation
Figure 2. Air Cargo Market Segmentation – By Geography
Figure 3. Europe Air Cargo Market Overview
Figure 4. Air Freight Segment Held the Largest Share of Air Cargo Market
Figure 5. Regular Segment Held the Largest Share of Air Cargo Market
Figure 6. Pharmaceutical and Healthcare Segment Held the Largest Share of Air Cargo Market
Figure 7. France to Show Great Traction During Forecast Period
Figure 8. Air Cargo Market– PEST Analysis
Figure 9. Europe Air Cargo Market- Ecosystem Analysis
Figure 10. Expert Opinion
Figure 11. Air Cargo Market: Impact Analysis of Drivers and Restraints
Figure 12. Air Cargo Market Forecast and Analysis (US$ Billion)
Figure 13. Europe Air Cargo Market Revenue Share, by Type (2021 and 2028)
Figure 14. Air Mail: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 15. Air Freight: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 16. Europe Air Cargo Market Revenue Share, by Service (2021 and 2028)
Figure 17. Express: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 18. Regular: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 19. Europe Air Cargo Market Revenue Share, by End User (2021 and 2028)
Figure 20. Retail: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 21. Pharmaceutical and Healthcare: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 22. Food and Beverages: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 23. Consumer Electronics: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 24. Automotive: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 25. Others: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 26. Europe Air Cargo Market Revenue Share, by Country (2021 and 2028)
Figure 27. France: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 28. Germany: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 29. Italy: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 30. UK: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 31. Russia: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 32. Rest of Europe: Europe Air Cargo Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 33. Impact of Covid-19 Pandemic in Europe Country Markets
The List of Companies - Europe Air Cargo Market
- Cargolux
- Lufthansa Cargo AG
- DHL International GmbH
- IAG Cargo
- Air France KLM SA
- European Cargo Ltd.
- FedEx Corporation
- Turk Hava Yollari Anonim Ortaklig
- SAS Cargo Group
- United Parcel Service of America 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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