Commercial Aircraft Market
Commercial Aircraft Market Forecasts to 2030 - Global Analysis By Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Regional Aircraft, Freighter Aircraft, Business Jets and Other Aircraft Types), Technology, Application, End User and By Geography
According to Stratistics MRC, the Global Commercial Aircraft Market is accounted for $160.28 billion in 2024 and is expected to reach $230.75 billion by 2030 growing at a CAGR of 8.4% during the forecast period. A commercial aircraft is a type of airplane designed for transporting passengers and cargo on scheduled and chartered flights. These aircraft are operated by airlines and are built to meet specific regulatory standards for safety, efficiency, and performance. Commercial aircraft play a crucial role in global connectivity, enabling the rapid movement of people and goods across vast distances.
According to the UNWTO, tourism contributes 10% of the world's GDP, making it one of the main sources of income in the modern world, with 57% of cross-border travellers using aircraft.
Market Dynamics:
Driver:
Increasing air travel demand
As more people travel for business, tourism, and personal reasons, airlines require additional and more advanced aircraft to meet this demand. This surge leads to higher orders for new aircraft from manufacturers like Boeing and Airbus. Moreover, increased demand supports investments in aviation infrastructure, further boosting the market. The continuous rise in air travel encourages innovations in aircraft design, enhancing efficiency and passenger experience, thereby sustaining market growth.
Restraint:
Stringent regulations
Stringent regulations in the commercial aircraft industry ensure safety, environmental protection, and operational efficiency. These regulations mandate rigorous testing, certification, and adherence to standards, which increase development and production costs. Compliance can also lead to longer development times and complex documentation processes. Additionally, navigating diverse regulatory environments across countries can complicate market entry and expansion, thereby hampering market growth.
Opportunity:
Expansion of global tourism
As more people travel for leisure, airlines need to expand their fleets and routes to accommodate the surge in passengers. This leads to higher aircraft orders from manufacturers like Boeing and Airbus. Tourism growth also stimulates investments in aviation infrastructure, such as airports and support services. Additionally, popular tourist destinations experience economic benefits, further fueling the need for efficient and extensive air connectivity to support the booming travel industry.
Threat:
Geopolitical tensions
Geopolitical tensions, such as trade disputes, military conflicts, and political instability, can disrupt global supply chains and affecting international trade. These tensions may lead to restrictions on aircraft exports or imports, impacting manufacturers and airlines. Uncertainty and instability can also reduce travel demand and investment in affected regions. Furthermore, heightened geopolitical risks can lead to increased insurance costs and operational challenges for airlines, ultimately stalling market growth and affecting overall industry confidence.
Covid-19 Impact
The covid-19 pandemic severely impacted the commercial aircraft market, leading to a drastic reduction in air travel demand. Airlines faced massive financial losses, grounded fleets, and postponed or cancelled aircraft orders. The industry experienced layoffs, bankruptcies, and a focus on cost-cutting measures. Recovery has been slow, with a gradual increase in travel demand, but the market continues to face challenges from changing travel behaviours and lingering economic uncertainties.
The passenger transport segment is expected to be the largest during the forecast period
The passenger transport segment is estimated to have a lucrative growth. In passenger transport, commercial aircraft are designed to efficiently and safely carry travelers over various distances. They range from regional jets for short-haul routes to wide-body airliners for long-haul flights. Key features include comfortable seating, in-flight entertainment, and advanced navigation systems. These aircraft play a crucial role in connecting cities and countries, supporting global tourism, business travel, and economic integration.
The cargo operators segment is expected to have the highest CAGR during the forecast period
The cargo operators segment is anticipated to witness the highest CAGR growth during the forecast period. In cargo operations, commercial aircraft are utilized for transporting goods, including parcels, freight, and specialized cargo. Dedicated freighters and passenger aircraft converted for cargo use enable efficient logistics and supply chain management. These aircraft support global trade by providing flexible and rapid transportation solutions, especially for high-value, time-sensitive, and perishable goods. The growth in e-commerce and international trade continues to drive demand for cargo aviation services.
Region with largest share:
The Asia-Pacific region is a rapidly growing market for commercial aircraft, driven by increasing air travel demand, expanding middle-class populations, and economic growth. Key countries, including China, India, and Southeast Asian nations, are investing heavily in aviation infrastructure. Major airlines are expanding their fleets with new aircraft orders from Boeing and Airbus. Low-cost carriers are particularly influential, contributing to market growth.
Region with highest CAGR:
The North American commercial aircraft market is mature, with significant contributions from the U.S. and Canada. It is characterized by high air travel demand, extensive route networks, and major airlines like American, Delta, and United. The region is a hub for aircraft manufacturing, notably Boeing. Despite the pandemic, the market recovered, driven by domestic travel resurgence and fleet modernization efforts. Strong regulatory frameworks and economic stability support the market's growth and resilience.
Key players in the market
Some of the key players profiled in the Commercial Aircraft Market include Airbus, Boeing, Lockheed Martin, Northrop Grumman, Embraer, Bombardier, Mitsubishi Aircraft Corporation, Textron Aviation, Dassault Aviation, Gulfstream Aerospace, COMAC, Tupolev, Sukhoi Civil Aircraft, Bae Systems and Ilyushin.
Key Developments:
In May 2022, Bombardier unveiled the newest member of its industry-leading business jet portfolio with the introduction of the Global 8000 aircraft, the worlds fastest and longest-range purpose-built business jet, innovatively crafted with the industry's healthiest cabin for safety, comfort and performance beyond compromise.
In May 2021, Dassault Aviation announced an all-new Falcon jet that will deliver a level of comfort, versatility and technology unmatched by any purpose-built business jet. The 10X will have the biggest and most comfortable cabin on the market and offer greater modularity than any other aircraft in its class, with a selection of multiple interior configurations. T
Aircraft Types Covered:
• Narrow-Body Aircraft
• Wide-Body Aircraft
• Regional Aircraft
• Freighter Aircraft
• Business Jets
• Other Aircraft Types
Technologies Covered:
• Conventional
• Advanced
Applications Covered:
• Passenger Transport
• Cargo Transport
• Special Missions
• Other Applications
End Users Covered:
• Airlines
• Cargo Operators
• Government/Military
• Private Operators
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Commercial Aircraft Market, By Aircraft Type
5.1 Introduction
5.2 Narrow-Body Aircraft
5.3 Wide-Body Aircraft
5.4 Regional Aircraft
5.5 Freighter Aircraft
5.6 Business Jets
5.7 Other Aircraft Types
6 Global Commercial Aircraft Market, By Technology
6.1 Introduction
6.2 Conventional
6.3 Advanced
7 Global Commercial Aircraft Market, By Application
7.1 Introduction
7.2 Passenger Transport
7.3 Cargo Transport
7.4 Special Missions
7.5 Other Applications
8 Global Commercial Aircraft Market, By End User
8.1 Introduction
8.2 Airlines
8.3 Cargo Operators
8.4 Government/Military
8.5 Private Operators
8.6 Other End Users
9 Global Commercial Aircraft Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Airbus
11.2 Boeing
11.3 Lockheed Martin
11.4 Northrop Grumman
11.5 Embraer
11.6 Bombardier
11.7 Mitsubishi Aircraft Corporation
11.8 Textron Aviation
11.9 Dassault Aviation
11.10 Gulfstream Aerospace
11.11 COMAC
11.12 Tupolev
11.13 Sukhoi Civil Aircraft
11.14 Bae Systems
11.15 Ilyushin
List of Tables
1 Global Commercial Aircraft Market Outlook, By Region (2022-2030) ($MN)
2 Global Commercial Aircraft Market Outlook, By Aircraft Type (2022-2030) ($MN)
3 Global Commercial Aircraft Market Outlook, By Narrow-Body Aircraft (2022-2030) ($MN)
4 Global Commercial Aircraft Market Outlook, By Wide-Body Aircraft (2022-2030) ($MN)
5 Global Commercial Aircraft Market Outlook, By Regional Aircraft (2022-2030) ($MN)
6 Global Commercial Aircraft Market Outlook, By Freighter Aircraft (2022-2030) ($MN)
7 Global Commercial Aircraft Market Outlook, By Business Jets (2022-2030) ($MN)
8 Global Commercial Aircraft Market Outlook, By Other Aircraft Types (2022-2030) ($MN)
9 Global Commercial Aircraft Market Outlook, By Technology (2022-2030) ($MN)
10 Global Commercial Aircraft Market Outlook, By Conventional (2022-2030) ($MN)
11 Global Commercial Aircraft Market Outlook, By Advanced (2022-2030) ($MN)
12 Global Commercial Aircraft Market Outlook, By Application (2022-2030) ($MN)
13 Global Commercial Aircraft Market Outlook, By Passenger Transport (2022-2030) ($MN)
14 Global Commercial Aircraft Market Outlook, By Cargo Transport (2022-2030) ($MN)
15 Global Commercial Aircraft Market Outlook, By Special Missions (2022-2030) ($MN)
16 Global Commercial Aircraft Market Outlook, By Other Applications (2022-2030) ($MN)
17 Global Commercial Aircraft Market Outlook, By End User (2022-2030) ($MN)
18 Global Commercial Aircraft Market Outlook, By Airlines (2022-2030) ($MN)
19 Global Commercial Aircraft Market Outlook, By Cargo Operators (2022-2030) ($MN)
20 Global Commercial Aircraft Market Outlook, By Government/Military (2022-2030) ($MN)
21 Global Commercial Aircraft Market Outlook, By Private Operators (2022-2030) ($MN)
22 Global Commercial Aircraft Market Outlook, By Other End Users (2022-2030) ($MN)
23 North America Commercial Aircraft Market Outlook, By Country (2022-2030) ($MN)
24 North America Commercial Aircraft Market Outlook, By Aircraft Type (2022-2030) ($MN)
25 North America Commercial Aircraft Market Outlook, By Narrow-Body Aircraft (2022-2030) ($MN)
26 North America Commercial Aircraft Market Outlook, By Wide-Body Aircraft (2022-2030) ($MN)
27 North America Commercial Aircraft Market Outlook, By Regional Aircraft (2022-2030) ($MN)
28 North America Commercial Aircraft Market Outlook, By Freighter Aircraft (2022-2030) ($MN)
29 North America Commercial Aircraft Market Outlook, By Business Jets (2022-2030) ($MN)
30 North America Commercial Aircraft Market Outlook, By Other Aircraft Types (2022-2030) ($MN)
31 North America Commercial Aircraft Market Outlook, By Technology (2022-2030) ($MN)
32 North America Commercial Aircraft Market Outlook, By Conventional (2022-2030) ($MN)
33 North America Commercial Aircraft Market Outlook, By Advanced (2022-2030) ($MN)
34 North America Commercial Aircraft Market Outlook, By Application (2022-2030) ($MN)
35 North America Commercial Aircraft Market Outlook, By Passenger Transport (2022-2030) ($MN)
36 North America Commercial Aircraft Market Outlook, By Cargo Transport (2022-2030) ($MN)
37 North America Commercial Aircraft Market Outlook, By Special Missions (2022-2030) ($MN)
38 North America Commercial Aircraft Market Outlook, By Other Applications (2022-2030) ($MN)
39 North America Commercial Aircraft Market Outlook, By End User (2022-2030) ($MN)
40 North America Commercial Aircraft Market Outlook, By Airlines (2022-2030) ($MN)
41 North America Commercial Aircraft Market Outlook, By Cargo Operators (2022-2030) ($MN)
42 North America Commercial Aircraft Market Outlook, By Government/Military (2022-2030) ($MN)
43 North America Commercial Aircraft Market Outlook, By Private Operators (2022-2030) ($MN)
44 North America Commercial Aircraft Market Outlook, By Other End Users (2022-2030) ($MN)
45 Europe Commercial Aircraft Market Outlook, By Country (2022-2030) ($MN)
46 Europe Commercial Aircraft Market Outlook, By Aircraft Type (2022-2030) ($MN)
47 Europe Commercial Aircraft Market Outlook, By Narrow-Body Aircraft (2022-2030) ($MN)
48 Europe Commercial Aircraft Market Outlook, By Wide-Body Aircraft (2022-2030) ($MN)
49 Europe Commercial Aircraft Market Outlook, By Regional Aircraft (2022-2030) ($MN)
50 Europe Commercial Aircraft Market Outlook, By Freighter Aircraft (2022-2030) ($MN)
51 Europe Commercial Aircraft Market Outlook, By Business Jets (2022-2030) ($MN)
52 Europe Commercial Aircraft Market Outlook, By Other Aircraft Types (2022-2030) ($MN)
53 Europe Commercial Aircraft Market Outlook, By Technology (2022-2030) ($MN)
54 Europe Commercial Aircraft Market Outlook, By Conventional (2022-2030) ($MN)
55 Europe Commercial Aircraft Market Outlook, By Advanced (2022-2030) ($MN)
56 Europe Commercial Aircraft Market Outlook, By Application (2022-2030) ($MN)
57 Europe Commercial Aircraft Market Outlook, By Passenger Transport (2022-2030) ($MN)
58 Europe Commercial Aircraft Market Outlook, By Cargo Transport (2022-2030) ($MN)
59 Europe Commercial Aircraft Market Outlook, By Special Missions (2022-2030) ($MN)
60 Europe Commercial Aircraft Market Outlook, By Other Applications (2022-2030) ($MN)
61 Europe Commercial Aircraft Market Outlook, By End User (2022-2030) ($MN)
62 Europe Commercial Aircraft Market Outlook, By Airlines (2022-2030) ($MN)
63 Europe Commercial Aircraft Market Outlook, By Cargo Operators (2022-2030) ($MN)
64 Europe Commercial Aircraft Market Outlook, By Government/Military (2022-2030) ($MN)
65 Europe Commercial Aircraft Market Outlook, By Private Operators (2022-2030) ($MN)
66 Europe Commercial Aircraft Market Outlook, By Other End Users (2022-2030) ($MN)
67 Asia Pacific Commercial Aircraft Market Outlook, By Country (2022-2030) ($MN)
68 Asia Pacific Commercial Aircraft Market Outlook, By Aircraft Type (2022-2030) ($MN)
69 Asia Pacific Commercial Aircraft Market Outlook, By Narrow-Body Aircraft (2022-2030) ($MN)
70 Asia Pacific Commercial Aircraft Market Outlook, By Wide-Body Aircraft (2022-2030) ($MN)
71 Asia Pacific Commercial Aircraft Market Outlook, By Regional Aircraft (2022-2030) ($MN)
72 Asia Pacific Commercial Aircraft Market Outlook, By Freighter Aircraft (2022-2030) ($MN)
73 Asia Pacific Commercial Aircraft Market Outlook, By Business Jets (2022-2030) ($MN)
74 Asia Pacific Commercial Aircraft Market Outlook, By Other Aircraft Types (2022-2030) ($MN)
75 Asia Pacific Commercial Aircraft Market Outlook, By Technology (2022-2030) ($MN)
76 Asia Pacific Commercial Aircraft Market Outlook, By Conventional (2022-2030) ($MN)
77 Asia Pacific Commercial Aircraft Market Outlook, By Advanced (2022-2030) ($MN)
78 Asia Pacific Commercial Aircraft Market Outlook, By Application (2022-2030) ($MN)
79 Asia Pacific Commercial Aircraft Market Outlook, By Passenger Transport (2022-2030) ($MN)
80 Asia Pacific Commercial Aircraft Market Outlook, By Cargo Transport (2022-2030) ($MN)
81 Asia Pacific Commercial Aircraft Market Outlook, By Special Missions (2022-2030) ($MN)
82 Asia Pacific Commercial Aircraft Market Outlook, By Other Applications (2022-2030) ($MN)
83 Asia Pacific Commercial Aircraft Market Outlook, By End User (2022-2030) ($MN)
84 Asia Pacific Commercial Aircraft Market Outlook, By Airlines (2022-2030) ($MN)
85 Asia Pacific Commercial Aircraft Market Outlook, By Cargo Operators (2022-2030) ($MN)
86 Asia Pacific Commercial Aircraft Market Outlook, By Government/Military (2022-2030) ($MN)
87 Asia Pacific Commercial Aircraft Market Outlook, By Private Operators (2022-2030) ($MN)
88 Asia Pacific Commercial Aircraft Market Outlook, By Other End Users (2022-2030) ($MN)
89 South America Commercial Aircraft Market Outlook, By Country (2022-2030) ($MN)
90 South America Commercial Aircraft Market Outlook, By Aircraft Type (2022-2030) ($MN)
91 South America Commercial Aircraft Market Outlook, By Narrow-Body Aircraft (2022-2030) ($MN)
92 South America Commercial Aircraft Market Outlook, By Wide-Body Aircraft (2022-2030) ($MN)
93 South America Commercial Aircraft Market Outlook, By Regional Aircraft (2022-2030) ($MN)
94 South America Commercial Aircraft Market Outlook, By Freighter Aircraft (2022-2030) ($MN)
95 South America Commercial Aircraft Market Outlook, By Business Jets (2022-2030) ($MN)
96 South America Commercial Aircraft Market Outlook, By Other Aircraft Types (2022-2030) ($MN)
97 South America Commercial Aircraft Market Outlook, By Technology (2022-2030) ($MN)
98 South America Commercial Aircraft Market Outlook, By Conventional (2022-2030) ($MN)
99 South America Commercial Aircraft Market Outlook, By Advanced (2022-2030) ($MN)
100 South America Commercial Aircraft Market Outlook, By Application (2022-2030) ($MN)
101 South America Commercial Aircraft Market Outlook, By Passenger Transport (2022-2030) ($MN)
102 South America Commercial Aircraft Market Outlook, By Cargo Transport (2022-2030) ($MN)
103 South America Commercial Aircraft Market Outlook, By Special Missions (2022-2030) ($MN)
104 South America Commercial Aircraft Market Outlook, By Other Applications (2022-2030) ($MN)
105 South America Commercial Aircraft Market Outlook, By End User (2022-2030) ($MN)
106 South America Commercial Aircraft Market Outlook, By Airlines (2022-2030) ($MN)
107 South America Commercial Aircraft Market Outlook, By Cargo Operators (2022-2030) ($MN)
108 South America Commercial Aircraft Market Outlook, By Government/Military (2022-2030) ($MN)
109 South America Commercial Aircraft Market Outlook, By Private Operators (2022-2030) ($MN)
110 South America Commercial Aircraft Market Outlook, By Other End Users (2022-2030) ($MN)
111 Middle East & Africa Commercial Aircraft Market Outlook, By Country (2022-2030) ($MN)
112 Middle East & Africa Commercial Aircraft Market Outlook, By Aircraft Type (2022-2030) ($MN)
113 Middle East & Africa Commercial Aircraft Market Outlook, By Narrow-Body Aircraft (2022-2030) ($MN)
114 Middle East & Africa Commercial Aircraft Market Outlook, By Wide-Body Aircraft (2022-2030) ($MN)
115 Middle East & Africa Commercial Aircraft Market Outlook, By Regional Aircraft (2022-2030) ($MN)
116 Middle East & Africa Commercial Aircraft Market Outlook, By Freighter Aircraft (2022-2030) ($MN)
117 Middle East & Africa Commercial Aircraft Market Outlook, By Business Jets (2022-2030) ($MN)
118 Middle East & Africa Commercial Aircraft Market Outlook, By Other Aircraft Types (2022-2030) ($MN)
119 Middle East & Africa Commercial Aircraft Market Outlook, By Technology (2022-2030) ($MN)
120 Middle East & Africa Commercial Aircraft Market Outlook, By Conventional (2022-2030) ($MN)
121 Middle East & Africa Commercial Aircraft Market Outlook, By Advanced (2022-2030) ($MN)
122 Middle East & Africa Commercial Aircraft Market Outlook, By Application (2022-2030) ($MN)
123 Middle East & Africa Commercial Aircraft Market Outlook, By Passenger Transport (2022-2030) ($MN)
124 Middle East & Africa Commercial Aircraft Market Outlook, By Cargo Transport (2022-2030) ($MN)
125 Middle East & Africa Commercial Aircraft Market Outlook, By Special Missions (2022-2030) ($MN)
126 Middle East & Africa Commercial Aircraft Market Outlook, By Other Applications (2022-2030) ($MN)
127 Middle East & Africa Commercial Aircraft Market Outlook, By End User (2022-2030) ($MN)
128 Middle East & Africa Commercial Aircraft Market Outlook, By Airlines (2022-2030) ($MN)
129 Middle East & Africa Commercial Aircraft Market Outlook, By Cargo Operators (2022-2030) ($MN)
130 Middle East & Africa Commercial Aircraft Market Outlook, By Government/Military (2022-2030) ($MN)
131 Middle East & Africa Commercial Aircraft Market Outlook, By Private Operators (2022-2030) ($MN)
132 Middle East & Africa Commercial Aircraft Market Outlook, By Other End Users (2022-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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