Flight Management Systems Market
PUBLISHED: 2020 ID: SMRC20166
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Flight Management Systems Market

Flight Management Systems - Global Market Outlook (2019-2027)

4.3 (28 reviews)
4.3 (28 reviews)
Published: 2020 ID: SMRC20166

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Flight Management Systems Market is accounted for $2.77 billion in 2019 and is expected to reach $5.21 billion by 2027 growing at a CAGR of 8.2% during the forecast period. Some of the key factors propelling the growth of the market are the development of glass cockpits, rising fleet orders, and significant growth in the global airline industry. However, stringent safety regulations are the restraining factors for the growth of the market.

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The flight management systems are the main component of the avionics systems of a modern aircraft. It is a special computerized system that automatically performs different in-flight operations. Its main function includes in-flight management and flight planning, through the use of different sensors such as global positioning systems (GPS) and inertial navigation systems (INS).

By aircraft type, the narrow-body aircraft segment is expected to grow at a significant market share during the forecast period as it can fly over short routes and thus suited to cater the budget travellers. Based on geography, North America is anticipated to hold considerable market share during the forecast period which is attributed to the increased deliveries of commercial aircraft to cater to the growing passenger traffic in the US and Canada.

Some of the key players in Flight Management Systems Market include General Electric Company, Honeywell International Inc, Rockwell Collins, Thales Group, Lufthansa Systems GmbH & Co. Kg, Universal Avionics Systems Corporation, Esterline Technologies Corporation, Leonardo-Finmeccanica Spa, Jeppesen Sanderson Inc, Navtech Inc, and Garmin Ltd. 

Components Covered:
• Software
• Hardware

Aircraft Types Covered:
• Wide-Body Aircraft
• Narrow Body Aircraft
• Turboprop Aircrafts
• Regional Transport Aircraft
• Very Large Aircraft

Fits Covered:
• Retrofit
• Line Fit

Aircraft Sizes Covered:
• Extra Large
• Large
• Medium
• Small

End Users Covered:
• Military
• Commercial

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
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 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- 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 End User Analysis         
 3.7 Emerging Markets          
 3.8 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 Flight Management Systems Market, By Component      
 5.1 Introduction         
 5.2 Software          
 5.3 Hardware          
  5.3.1 Control Display Unit (CDU)       
  5.3.2 Flight Management Computers (FMC)      
  5.3.3 Visual Display Unit (VDU)       
  5.3.4 Aircraft Navigation Systems       
  5.3.5 Automatic Flight Guidance Systems      
  5.3.6 Electronic Flight Instrumentation Systems      
  5.3.7 Multi-Function Display (MFD)        
            
6 Global Flight Management Systems Market, By Aircraft Type      
 6.1 Introduction         
 6.2 Wide-Body Aircraft         
 6.3 Narrow Body Aircraft        
 6.4 Turboprop Aircrafts         
 6.5 Regional Transport Aircraft        
 6.6 Very Large Aircraft         
            
7 Global Flight Management Systems Market, By Fit       
 7.1 Introduction         
 7.2 Retrofit          
 7.3 Line Fit          
            
8 Global Flight Management Systems Market, By Aircraft Size      
 8.1 Introduction         
 8.2 Extra Large         
 8.3 Large          
 8.4 Medium          
 8.5 Small          
            
9 Global Flight Management Systems Market, By End User      
 9.1 Introduction         
 9.2 Military           
 9.3 Commercial         
            
10 Global Flight Management Systems Market, By Geography      
 10.1 Introduction         
 10.2 North America         
  10.2.1 US         
  10.2.2 Canada         
  10.2.3 Mexico         
 10.3 Europe           
  10.3.1 Germany         
  10.3.2 UK         
  10.3.3 Italy         
  10.3.4 France         
  10.3.5 Spain         
  10.3.6 Rest of Europe        
 10.4 Asia Pacific         
  10.4.1 Japan         
  10.4.2 China         
  10.4.3 India         
  10.4.4 Australia         
  10.4.5 New Zealand        
  10.4.6 South Korea        
  10.4.7 Rest of Asia Pacific        
 10.5 South America         
  10.5.1 Argentina         
  10.5.2 Brazil         
  10.5.3 Chile         
  10.5.4 Rest of South America       
 10.6 Middle East & Africa         
  10.6.1 Saudi Arabia        
  10.6.2 UAE         
  10.6.3 Qatar         
  10.6.4 South Africa        
  10.6.5 Rest of Middle East & Africa       
            
11 Key Developments          
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures     
 11.2 Acquisitions & Mergers        
 11.3 New Product Launch         
 11.4 Expansions         
 11.5 Other Key Strategies         
            
12 Company Profiling          
 12.1 General Electric Company        
 12.2 Honeywell International Inc        
 12.3 Rockwell Collins         
 12.4 Thales Group         
 12.5 Lufthansa Systems GmbH & Co. Kg       
 12.6 Universal Avionics Systems Corporation        
 12.7 Esterline Technologies Corporation       
 12.8 Leonardo-Finmeccanica Spa        
 12.9 Jeppesen Sanderson Inc        
 12.10 Navtech Inc         
 12.11 Garmin Ltd         


List of Tables           
1 Global Flight Management Systems Market Outlook, By Region (2018-2027) ($MN)    
2 Global Flight Management Systems Market Outlook, By Component (2018-2027) ($MN)    
3 Global Flight Management Systems Market Outlook, By Software (2018-2027) ($MN)    
4 Global Flight Management Systems Market Outlook, By Hardware (2018-2027) ($MN)    
5 Global Flight Management Systems Market Outlook, By Control Display Unit (CDU) (2018-2027) ($MN)  
6 Global Flight Management Systems Market Outlook, By Flight Management Computers (FMC) (2018-2027) ($MN) 
7 Global Flight Management Systems Market Outlook, By Visual Display Unit (VDU) (2018-2027) ($MN)  
8 Global Flight Management Systems Market Outlook, By Aircraft Navigation Systems (2018-2027) ($MN)  
9 Global Flight Management Systems Market Outlook, By Automatic Flight Guidance Systems (2018-2027) ($MN) 
10 Global Flight Management Systems Market Outlook, By Electronic Flight Instrumentation Systems (2018-2027) ($MN) 
11 Global Flight Management Systems Market Outlook, By Multi-Function Display (MFD) (2018-2027) ($MN)  
12 Global Flight Management Systems Market Outlook, By Aircraft Type (2018-2027) ($MN)   
13 Global Flight Management Systems Market Outlook, By Wide-Body Aircraft (2018-2027) ($MN)   
14 Global Flight Management Systems Market Outlook, By Narrow Body Aircraft (2018-2027) ($MN)   
15 Global Flight Management Systems Market Outlook, By Turboprop Aircrafts (2018-2027) ($MN)   
16 Global Flight Management Systems Market Outlook, By Regional Transport Aircraft (2018-2027) ($MN)  
17 Global Flight Management Systems Market Outlook, By Very Large Aircraft (2018-2027) ($MN)   
18 Global Flight Management Systems Market Outlook, By Fit (2018-2027) ($MN)    
19 Global Flight Management Systems Market Outlook, By Retrofit (2018-2027) ($MN)    
20 Global Flight Management Systems Market Outlook, By Line Fit (2018-2027) ($MN)    
21 Global Flight Management Systems Market Outlook, By Aircraft Size (2018-2027) ($MN)    
22 Global Flight Management Systems Market Outlook, By Extra Large (2018-2027) ($MN)    
23 Global Flight Management Systems Market Outlook, By Large (2018-2027) ($MN)    
24 Global Flight Management Systems Market Outlook, By Medium (2018-2027) ($MN)    
25 Global Flight Management Systems Market Outlook, By Small (2018-2027) ($MN)    
26 Global Flight Management Systems Market Outlook, By End User (2018-2027) ($MN)    
27 Global Flight Management Systems Market Outlook, By Military (2018-2027) ($MN)    
28 Global Flight Management Systems Market Outlook, By Commercial (2018-2027) ($MN)   
29 North America Flight Management Systems Market Outlook, By Country (2018-2027) ($MN)   
30 North America Flight Management Systems Market Outlook, By Component (2018-2027) ($MN)   
31 North America Flight Management Systems Market Outlook, By Software (2018-2027) ($MN)   
32 North America Flight Management Systems Market Outlook, By Hardware (2018-2027) ($MN)   
33 North America Flight Management Systems Market Outlook, By Control Display Unit (CDU) (2018-2027) ($MN) 
34 North America Flight Management Systems Market Outlook, By Flight Management Computers (FMC) (2018-2027) ($MN)
35 North America Flight Management Systems Market Outlook, By Visual Display Unit (VDU) (2018-2027) ($MN)  
36 North America Flight Management Systems Market Outlook, By Aircraft Navigation Systems (2018-2027) ($MN) 
37 North America Flight Management Systems Market Outlook, By Automatic Flight Guidance Systems (2018-2027) ($MN) 
38 North America Flight Management Systems Market Outlook, By Electronic Flight Instrumentation Systems (2018-2027) ($MN)
39 North America Flight Management Systems Market Outlook, By Multi-Function Display (MFD) (2018-2027) ($MN) 
40 North America Flight Management Systems Market Outlook, By Aircraft Type (2018-2027) ($MN)   
41 North America Flight Management Systems Market Outlook, By Wide-Body Aircraft (2018-2027) ($MN)  
42 North America Flight Management Systems Market Outlook, By Narrow Body Aircraft (2018-2027) ($MN)  
43 North America Flight Management Systems Market Outlook, By Turboprop Aircrafts (2018-2027) ($MN)  
44 North America Flight Management Systems Market Outlook, By Regional Transport Aircraft (2018-2027) ($MN) 
45 North America Flight Management Systems Market Outlook, By Very Large Aircraft (2018-2027) ($MN)  
46 North America Flight Management Systems Market Outlook, By Fit (2018-2027) ($MN)    
47 North America Flight Management Systems Market Outlook, By Retrofit (2018-2027) ($MN)   
48 North America Flight Management Systems Market Outlook, By Line Fit (2018-2027) ($MN)   
49 North America Flight Management Systems Market Outlook, By Aircraft Size (2018-2027) ($MN)   
50 North America Flight Management Systems Market Outlook, By Extra Large (2018-2027) ($MN)   
51 North America Flight Management Systems Market Outlook, By Large (2018-2027) ($MN)   
52 North America Flight Management Systems Market Outlook, By Medium (2018-2027) ($MN)   
53 North America Flight Management Systems Market Outlook, By Small (2018-2027) ($MN)   
54 North America Flight Management Systems Market Outlook, By End User (2018-2027) ($MN)   
55 North America Flight Management Systems Market Outlook, By Military (2018-2027) ($MN)   
56 North America Flight Management Systems Market Outlook, By Commercial (2018-2027) ($MN)   
57 Europe Flight Management Systems Market Outlook, By Country (2018-2027) ($MN)    
58 Europe Flight Management Systems Market Outlook, By Component (2018-2027) ($MN)   
59 Europe Flight Management Systems Market Outlook, By Software (2018-2027) ($MN)    
60 Europe Flight Management Systems Market Outlook, By Hardware (2018-2027) ($MN)    
61 Europe Flight Management Systems Market Outlook, By Control Display Unit (CDU) (2018-2027) ($MN)  
62 Europe Flight Management Systems Market Outlook, By Flight Management Computers (FMC) (2018-2027) ($MN) 
63 Europe Flight Management Systems Market Outlook, By Visual Display Unit (VDU) (2018-2027) ($MN)  
64 Europe Flight Management Systems Market Outlook, By Aircraft Navigation Systems (2018-2027) ($MN)  
65 Europe Flight Management Systems Market Outlook, By Automatic Flight Guidance Systems (2018-2027) ($MN) 
66 Europe Flight Management Systems Market Outlook, By Electronic Flight Instrumentation Systems (2018-2027) ($MN) 
67 Europe Flight Management Systems Market Outlook, By Multi-Function Display (MFD) (2018-2027) ($MN)  
68 Europe Flight Management Systems Market Outlook, By Aircraft Type (2018-2027) ($MN)   
69 Europe Flight Management Systems Market Outlook, By Wide-Body Aircraft (2018-2027) ($MN)   
70 Europe Flight Management Systems Market Outlook, By Narrow Body Aircraft (2018-2027) ($MN)   
71 Europe Flight Management Systems Market Outlook, By Turboprop Aircrafts (2018-2027) ($MN)   
72 Europe Flight Management Systems Market Outlook, By Regional Transport Aircraft (2018-2027) ($MN)  
73 Europe Flight Management Systems Market Outlook, By Very Large Aircraft (2018-2027) ($MN)   
74 Europe Flight Management Systems Market Outlook, By Fit (2018-2027) ($MN)    
75 Europe Flight Management Systems Market Outlook, By Retrofit (2018-2027) ($MN)    
76 Europe Flight Management Systems Market Outlook, By Line Fit (2018-2027) ($MN)    
77 Europe Flight Management Systems Market Outlook, By Aircraft Size (2018-2027) ($MN)   
78 Europe Flight Management Systems Market Outlook, By Extra Large (2018-2027) ($MN)    
79 Europe Flight Management Systems Market Outlook, By Large (2018-2027) ($MN)    
80 Europe Flight Management Systems Market Outlook, By Medium (2018-2027) ($MN)    
81 Europe Flight Management Systems Market Outlook, By Small (2018-2027) ($MN)    
82 Europe Flight Management Systems Market Outlook, By End User (2018-2027) ($MN)    
83 Europe Flight Management Systems Market Outlook, By Military (2018-2027) ($MN)    
84 Europe Flight Management Systems Market Outlook, By Commercial (2018-2027) ($MN)   
85 Asia Pacific Flight Management Systems Market Outlook, By Country (2018-2027) ($MN)   
86 Asia Pacific Flight Management Systems Market Outlook, By Component (2018-2027) ($MN)   
87 Asia Pacific Flight Management Systems Market Outlook, By Software (2018-2027) ($MN)   
88 Asia Pacific Flight Management Systems Market Outlook, By Hardware (2018-2027) ($MN)   
89 Asia Pacific Flight Management Systems Market Outlook, By Control Display Unit (CDU) (2018-2027) ($MN)  
90 Asia Pacific Flight Management Systems Market Outlook, By Flight Management Computers (FMC) (2018-2027) ($MN) 
91 Asia Pacific Flight Management Systems Market Outlook, By Visual Display Unit (VDU) (2018-2027) ($MN)  
92 Asia Pacific Flight Management Systems Market Outlook, By Aircraft Navigation Systems (2018-2027) ($MN)  
93 Asia Pacific Flight Management Systems Market Outlook, By Automatic Flight Guidance Systems (2018-2027) ($MN)  
94 Asia Pacific Flight Management Systems Market Outlook, By Electronic Flight Instrumentation Systems (2018-2027) ($MN)
95 Asia Pacific Flight Management Systems Market Outlook, By Multi-Function Display (MFD) (2018-2027) ($MN)  
96 Asia Pacific Flight Management Systems Market Outlook, By Aircraft Type (2018-2027) ($MN)   
97 Asia Pacific Flight Management Systems Market Outlook, By Wide-Body Aircraft (2018-2027) ($MN)  
98 Asia Pacific Flight Management Systems Market Outlook, By Narrow Body Aircraft (2018-2027) ($MN)  
99 Asia Pacific Flight Management Systems Market Outlook, By Turboprop Aircrafts (2018-2027) ($MN)  
100 Asia Pacific Flight Management Systems Market Outlook, By Regional Transport Aircraft (2018-2027) ($MN)  
101 Asia Pacific Flight Management Systems Market Outlook, By Very Large Aircraft (2018-2027) ($MN)  
102 Asia Pacific Flight Management Systems Market Outlook, By Fit (2018-2027) ($MN)    
103 Asia Pacific Flight Management Systems Market Outlook, By Retrofit (2018-2027) ($MN)   
104 Asia Pacific Flight Management Systems Market Outlook, By Line Fit (2018-2027) ($MN)    
105 Asia Pacific Flight Management Systems Market Outlook, By Aircraft Size (2018-2027) ($MN)   
106 Asia Pacific Flight Management Systems Market Outlook, By Extra Large (2018-2027) ($MN)   
107 Asia Pacific Flight Management Systems Market Outlook, By Large (2018-2027) ($MN)    
108 Asia Pacific Flight Management Systems Market Outlook, By Medium (2018-2027) ($MN)   
109 Asia Pacific Flight Management Systems Market Outlook, By Small (2018-2027) ($MN)    
110 Asia Pacific Flight Management Systems Market Outlook, By End User (2018-2027) ($MN)   
111 Asia Pacific Flight Management Systems Market Outlook, By Military (2018-2027) ($MN)   
112 Asia Pacific Flight Management Systems Market Outlook, By Commercial (2018-2027) ($MN)   
113 South America Flight Management Systems Market Outlook, By Country (2018-2027) ($MN)   
114 South America Flight Management Systems Market Outlook, By Component (2018-2027) ($MN)   
115 South America Flight Management Systems Market Outlook, By Software (2018-2027) ($MN)   
116 South America Flight Management Systems Market Outlook, By Hardware (2018-2027) ($MN)   
117 South America Flight Management Systems Market Outlook, By Control Display Unit (CDU) (2018-2027) ($MN) 
118 South America Flight Management Systems Market Outlook, By Flight Management Computers (FMC) (2018-2027) ($MN)
119 South America Flight Management Systems Market Outlook, By Visual Display Unit (VDU) (2018-2027) ($MN)  
120 South America Flight Management Systems Market Outlook, By Aircraft Navigation Systems (2018-2027) ($MN) 
121 South America Flight Management Systems Market Outlook, By Automatic Flight Guidance Systems (2018-2027) ($MN) 
122 South America Flight Management Systems Market Outlook, By Electronic Flight Instrumentation Systems (2018-2027) ($MN)
123 South America Flight Management Systems Market Outlook, By Multi-Function Display (MFD) (2018-2027) ($MN) 
124 South America Flight Management Systems Market Outlook, By Aircraft Type (2018-2027) ($MN)   
125 South America Flight Management Systems Market Outlook, By Wide-Body Aircraft (2018-2027) ($MN)  
126 South America Flight Management Systems Market Outlook, By Narrow Body Aircraft (2018-2027) ($MN)  
127 South America Flight Management Systems Market Outlook, By Turboprop Aircrafts (2018-2027) ($MN)  
128 South America Flight Management Systems Market Outlook, By Regional Transport Aircraft (2018-2027) ($MN) 
129 South America Flight Management Systems Market Outlook, By Very Large Aircraft (2018-2027) ($MN)  
130 South America Flight Management Systems Market Outlook, By Fit (2018-2027) ($MN)    
131 South America Flight Management Systems Market Outlook, By Retrofit (2018-2027) ($MN)   
132 South America Flight Management Systems Market Outlook, By Line Fit (2018-2027) ($MN)   
133 South America Flight Management Systems Market Outlook, By Aircraft Size (2018-2027) ($MN)   
134 South America Flight Management Systems Market Outlook, By Extra Large (2018-2027) ($MN)   
135 South America Flight Management Systems Market Outlook, By Large (2018-2027) ($MN)   
136 South America Flight Management Systems Market Outlook, By Medium (2018-2027) ($MN)   
137 South America Flight Management Systems Market Outlook, By Small (2018-2027) ($MN)   
138 South America Flight Management Systems Market Outlook, By End User (2018-2027) ($MN)   
139 South America Flight Management Systems Market Outlook, By Military (2018-2027) ($MN)   
140 South America Flight Management Systems Market Outlook, By Commercial (2018-2027) ($MN)   
141 Middle East & Africa Flight Management Systems Market Outlook, By Country (2018-2027) ($MN)   
142 Middle East & Africa Flight Management Systems Market Outlook, By Component (2018-2027) ($MN)  
143 Middle East & Africa Flight Management Systems Market Outlook, By Software (2018-2027) ($MN)  
144 Middle East & Africa Flight Management Systems Market Outlook, By Hardware (2018-2027) ($MN)  
145 Middle East & Africa Flight Management Systems Market Outlook, By Control Display Unit (CDU) (2018-2027) ($MN) 
146 Middle East & Africa Flight Management Systems Market Outlook, By Flight Management Computers (FMC) (2018-2027) ($MN)
147 Middle East & Africa Flight Management Systems Market Outlook, By Visual Display Unit (VDU) (2018-2027) ($MN) 
148 Middle East & Africa Flight Management Systems Market Outlook, By Aircraft Navigation Systems (2018-2027) ($MN) 
149 Middle East & Africa Flight Management Systems Market Outlook, By Automatic Flight Guidance Systems (2018-2027) ($MN)
150 Middle East & Africa Flight Management Systems Market Outlook, By Electronic Flight Instrumentation Systems (2018-2027) ($MN)
151 Middle East & Africa Flight Management Systems Market Outlook, By Multi-Function Display (MFD) (2018-2027) ($MN) 
152 Middle East & Africa Flight Management Systems Market Outlook, By Aircraft Type (2018-2027) ($MN)  
153 Middle East & Africa Flight Management Systems Market Outlook, By Wide-Body Aircraft (2018-2027) ($MN)  
154 Middle East & Africa Flight Management Systems Market Outlook, By Narrow Body Aircraft (2018-2027) ($MN) 
155 Middle East & Africa Flight Management Systems Market Outlook, By Turboprop Aircrafts (2018-2027) ($MN)  
156 Middle East & Africa Flight Management Systems Market Outlook, By Regional Transport Aircraft (2018-2027) ($MN) 
157 Middle East & Africa Flight Management Systems Market Outlook, By Very Large Aircraft (2018-2027) ($MN)  
158 Middle East & Africa Flight Management Systems Market Outlook, By Fit (2018-2027) ($MN)   
159 Middle East & Africa Flight Management Systems Market Outlook, By Retrofit (2018-2027) ($MN)   
160 Middle East & Africa Flight Management Systems Market Outlook, By Line Fit (2018-2027) ($MN)   
161 Middle East & Africa Flight Management Systems Market Outlook, By Aircraft Size (2018-2027) ($MN)  
162 Middle East & Africa Flight Management Systems Market Outlook, By Extra Large (2018-2027) ($MN)  
163 Middle East & Africa Flight Management Systems Market Outlook, By Large (2018-2027) ($MN)   
164 Middle East & Africa Flight Management Systems Market Outlook, By Medium (2018-2027) ($MN)   
165 Middle East & Africa Flight Management Systems Market Outlook, By Small (2018-2027) ($MN)   
166 Middle East & Africa Flight Management Systems Market Outlook, By End User (2018-2027) ($MN)   
167 Middle East & Africa Flight Management Systems Market Outlook, By Military (2018-2027) ($MN)   
168 Middle East & Africa Flight Management Systems Market Outlook, By Commercial (2018-2027) ($MN)  

List of Figures

RESEARCH METHODOLOGY


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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