Powered Wheels For Aircraft Landing Market
Powered Wheels For Aircraft Landing Market Forecasts to 2030 - Global Analysis By Aircraft Type (Commercial Aircraft, Military Aircraft, Business Jets and General Aviation), Wheel Type (Landing Gear and Tail Wheels), Technology, End User and By Geography
|
Years Covered |
2022-2030 |
|
Estimated Year Value (2024) |
US $5.05 BN |
|
Projected Year Value (2030) |
US $8.80 BN |
|
CAGR (2024-2030) |
9.7% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Europe |
|
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global Powered Wheels for Aircraft Landing Market is accounted for $5.05 billion in 2024 and is expected to reach $8.80 billion by 2030 growing at a CAGR of 9.7% during the forecast period. Powered wheels for aircraft landing are motorized wheels integrated into an aircraft's landing gear. These wheels allow planes to maneuver on the ground without using their main engines, reducing fuel consumption, emissions, and noise during taxiing operations. By enabling aircraft to move independently on the tarmac, powered wheels enhance operational efficiency, decrease turnaround times, and contribute to more sustainable airport operations, particularly for short-haul flights with frequent takeoffs and landings.
According to the Federal Aviation Administration (FAA), it forecasts a 4.1% annual increase in passenger traffic over the next 20 years, translating to a significant rise in aircraft operations.
Market Dynamics:
Driver:
Rising aircraft deliveries
The increasing number of aircraft deliveries is a key driver for the powered wheels for aircraft landing market. As global air travel demand grows, airlines are expanding their fleets, leading to more orders for new aircraft. This directly boosts demand for powered wheel systems, which are essential components of landing gear. The rising aircraft production rates, especially for popular narrow-body models, create a steady stream of opportunities for powered wheel manufacturers to supply both original equipment and replacement parts.
Restraint:
Certification challenges
Stringent certification requirements pose a significant restraint for the powered wheels for aircraft landing market. Aviation authorities like FAA and EASA have rigorous safety standards for aircraft components, including landing gear systems. Obtaining certifications for new powered wheel designs or technologies can be a lengthy and costly process, involving extensive testing and documentation. These regulatory hurdles can slow down innovation and market entry for new products, potentially limiting the pace of advancements in powered wheel technology.
Opportunity:
Technological advancements
Innovations in materials, such as lightweight alloys and composites, can improve wheel performance and fuel efficiency. Integration of smart sensors and monitoring systems enables predictive maintenance and enhances safety. Electrification of wheel systems, including electric taxiing capabilities, offers potential for reduced emissions and operational costs. These technological developments open new avenues for product differentiation and value-added features in powered wheel systems.
Threat:
Competition from traditional methods
Competition from traditional methods poses a threat to the Powered Wheels for Aircraft Landing Market due to established practices and infrastructure reliance. Conventional methods like fixed landing gear systems have a proven track record and familiarity within the industry, posing challenges for the adoption of newer technologies. Resistance to change, concerns over reliability, and the high initial costs associated with powered wheels can hinder market growth.
Covid-19 Impact:
The COVID-19 pandemic significantly disrupted the aviation industry, causing a sharp decline in air travel and aircraft orders. This led to reduced demand for powered wheels and other aircraft components. However, as air travel recovers, there is potential for a rebound in the market, with possible acceleration of newer technologies to improve efficiency and reduce operating costs in the post-pandemic era.
The commercial aircraft segment is expected to be the largest during the forecast period
The commercial aircraft segment is expected to dominate the market due to the sheer volume of commercial flights and aircraft in operation globally. Airlines' focus on fuel efficiency and reduced maintenance costs drives demand for advanced powered wheel systems. The segment benefits from the continuous fleet renewal cycles of major carriers and the expansion of low-cost airlines in emerging markets. Additionally, the increasing size of commercial aircraft requires more sophisticated landing gear systems, further boosting the demand for powered wheels.
The electrically powered wheels segment is expected to have the highest CAGR during the forecast period
Electrically powered wheels are gaining traction during the forecast period due to their potential to significantly reduce fuel consumption and emissions during taxiing operations. This technology allows aircraft to move on the ground without using main engines, offering both environmental and cost benefits. The growing emphasis on sustainable aviation practices and the push for electrification across the aerospace industry are driving rapid advancements in this segment. In addition, airline interest in reducing their carbon footprint and operating costs is expected to accelerate the adoption of electrically powered wheel systems.
Region with largest share:
The Europe region is positioned to dominate the powered wheels for aircraft landing market. Europe's strong aerospace manufacturing base, including major players like Airbus and Safran, contributes to its market leadership. The region's stringent environmental regulations and focus on aviation sustainability drive innovation in powered wheel technologies. Additionally, Europe's well-established MRO (Maintenance, Repair, and Overhaul) sector supports a robust aftermarket for powered wheel systems, further solidifying its dominant market position.
Region with highest CAGR:
The Asia Pacific region anticipates rapid growth in the powered wheels for aircraft landing market. This growth is fueled by the expanding aviation sector in countries like China and India, where rising air travel demand is driving fleet expansion. Increasing domestic aircraft manufacturing capabilities and government initiatives to develop aerospace industries contribute to the region's high growth rate. The modernization of airport infrastructure across Asia Pacific also creates opportunities for advanced landing gear technologies, including powered wheel systems.
Key players in the market
Some of the key players in Powered Wheels For Aircraft Landing market include Safran Landing Systems, RTX Corporation, Honeywell Aerospace, Liebherr-Aerospace, Meggitt PLC, Parker Hannifin Corporation, Crane Aerospace & Electronics, AAR Corp., Circor Aerospace, Triumph Group, Crane Co., Beringer Aero, Moog Inc., and Héroux-Devtek Inc.
Key Developments:
In March 2024, Honeywell announced the intention to acquire the entire share capital of Civitanavi Systems S.p.A. (Civitanavi or the Company) (Euronext Milan Exchange: BIT: CNS). Honeywell will initiate a voluntary tender offer to acquire all outstanding shares of Civitanavi for a purchase price of €6.30 per share in cash (an equity value of approximately €200 million at closing).
In March 2024, Raytheon, an RTX business, was awarded a $1.2 billion contract to supply Germany with Patriot® air and missile defense systems. These systems will augment Germany's existing air defense infrastructure with additional Patriot equipment. The scope of the contract includes the most current Patriot Configuration 3+ radars, launchers, command and control stations, associated spares, and support.
In January 2024, Crane Aerospace & Electronics has launched a new 120W family of power conversion products called the Interpoint xMOR. The Interpoint xMOR product family features four DC-DC power converters with shared core architecture, each tailored to address different aerospace and defence market needs.
Aircraft Types Covered:
• Commercial Aircraft
• Military Aircraft
• Business Jets
• General Aviation
Wheel Types Covered:
• Landing Gear Wheels
• Tail Wheels
Technology Covered:
• Electrically Powered Wheels
• Hydraulically Powered Wheels
End Users Covered:
• OEMs (Original Equipment Manufacturers)
• Aftermarket
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
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 End User Analysis
3.8 Emerging Markets
3.9 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 Powered Wheels for Aircraft Landing Market, By Aircraft Type
5.1 Introduction
5.2 Commercial Aircraft
5.3 Military Aircraft
5.4 Business Jets
5.5 General Aviation
6 Global Powered Wheels for Aircraft Landing Market, By Wheel Type
6.1 Introduction
6.2 Landing Gear Wheels
6.2.1 Main Wheels
6.2.2 Nose Wheels
6.3 Tail Wheels
7 Global Powered Wheels for Aircraft Landing Market, By Technology
7.1 Introduction
7.2 Electrically Powered Wheels
7.3 Hydraulically Powered Wheels
8 Global Powered Wheels for Aircraft Landing Market, By End User
8.1 Introduction
8.2 OEMs (Original Equipment Manufacturers)
8.3 Aftermarket
9 Global Powered Wheels for Aircraft Landing 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 Safran Landing Systems
11.2 RTX Corporation
11.3 Honeywell Aerospace
11.4 Liebherr-Aerospace
11.5 Meggitt PLC
11.6 Parker Hannifin Corporation
11.7 Crane Aerospace & Electronics
11.8 AAR Corp.
11.9 Circor Aerospace
11.10 Triumph Group
11.11 Crane Co.
11.12 Beringer Aero
11.13 Moog Inc.
11.14 Héroux-Devtek Inc.
List of Tables
1 Global Powered Wheels for Aircraft Landing Market Outlook, By Region (2022-2030) ($MN)
2 Global Powered Wheels for Aircraft Landing Market Outlook, By Aircraft Type (2022-2030) ($MN)
3 Global Powered Wheels for Aircraft Landing Market Outlook, By Commercial Aircraft (2022-2030) ($MN)
4 Global Powered Wheels for Aircraft Landing Market Outlook, By Military Aircraft (2022-2030) ($MN)
5 Global Powered Wheels for Aircraft Landing Market Outlook, By Business Jets (2022-2030) ($MN)
6 Global Powered Wheels for Aircraft Landing Market Outlook, By General Aviation (2022-2030) ($MN)
7 Global Powered Wheels for Aircraft Landing Market Outlook, By Wheel Type (2022-2030) ($MN)
8 Global Powered Wheels for Aircraft Landing Market Outlook, By Landing Gear Wheels (2022-2030) ($MN)
9 Global Powered Wheels for Aircraft Landing Market Outlook, By Main Wheels (2022-2030) ($MN)
10 Global Powered Wheels for Aircraft Landing Market Outlook, By Nose Wheels (2022-2030) ($MN)
11 Global Powered Wheels for Aircraft Landing Market Outlook, By Tail Wheels (2022-2030) ($MN)
12 Global Powered Wheels for Aircraft Landing Market Outlook, By Technology (2022-2030) ($MN)
13 Global Powered Wheels for Aircraft Landing Market Outlook, By Electrically Powered Wheels (2022-2030) ($MN)
14 Global Powered Wheels for Aircraft Landing Market Outlook, By Hydraulically Powered Wheels (2022-2030) ($MN)
15 Global Powered Wheels for Aircraft Landing Market Outlook, By End User (2022-2030) ($MN)
16 Global Powered Wheels for Aircraft Landing Market Outlook, By OEMs (Original Equipment Manufacturers) (2022-2030) ($MN)
17 Global Powered Wheels for Aircraft Landing Market Outlook, By Aftermarket (2022-2030) ($MN)
18 North America Powered Wheels for Aircraft Landing Market Outlook, By Country (2022-2030) ($MN)
19 North America Powered Wheels for Aircraft Landing Market Outlook, By Aircraft Type (2022-2030) ($MN)
20 North America Powered Wheels for Aircraft Landing Market Outlook, By Commercial Aircraft (2022-2030) ($MN)
21 North America Powered Wheels for Aircraft Landing Market Outlook, By Military Aircraft (2022-2030) ($MN)
22 North America Powered Wheels for Aircraft Landing Market Outlook, By Business Jets (2022-2030) ($MN)
23 North America Powered Wheels for Aircraft Landing Market Outlook, By General Aviation (2022-2030) ($MN)
24 North America Powered Wheels for Aircraft Landing Market Outlook, By Wheel Type (2022-2030) ($MN)
25 North America Powered Wheels for Aircraft Landing Market Outlook, By Landing Gear Wheels (2022-2030) ($MN)
26 North America Powered Wheels for Aircraft Landing Market Outlook, By Main Wheels (2022-2030) ($MN)
27 North America Powered Wheels for Aircraft Landing Market Outlook, By Nose Wheels (2022-2030) ($MN)
28 North America Powered Wheels for Aircraft Landing Market Outlook, By Tail Wheels (2022-2030) ($MN)
29 North America Powered Wheels for Aircraft Landing Market Outlook, By Technology (2022-2030) ($MN)
30 North America Powered Wheels for Aircraft Landing Market Outlook, By Electrically Powered Wheels (2022-2030) ($MN)
31 North America Powered Wheels for Aircraft Landing Market Outlook, By Hydraulically Powered Wheels (2022-2030) ($MN)
32 North America Powered Wheels for Aircraft Landing Market Outlook, By End User (2022-2030) ($MN)
33 North America Powered Wheels for Aircraft Landing Market Outlook, By OEMs (Original Equipment Manufacturers) (2022-2030) ($MN)
34 North America Powered Wheels for Aircraft Landing Market Outlook, By Aftermarket (2022-2030) ($MN)
35 Europe Powered Wheels for Aircraft Landing Market Outlook, By Country (2022-2030) ($MN)
36 Europe Powered Wheels for Aircraft Landing Market Outlook, By Aircraft Type (2022-2030) ($MN)
37 Europe Powered Wheels for Aircraft Landing Market Outlook, By Commercial Aircraft (2022-2030) ($MN)
38 Europe Powered Wheels for Aircraft Landing Market Outlook, By Military Aircraft (2022-2030) ($MN)
39 Europe Powered Wheels for Aircraft Landing Market Outlook, By Business Jets (2022-2030) ($MN)
40 Europe Powered Wheels for Aircraft Landing Market Outlook, By General Aviation (2022-2030) ($MN)
41 Europe Powered Wheels for Aircraft Landing Market Outlook, By Wheel Type (2022-2030) ($MN)
42 Europe Powered Wheels for Aircraft Landing Market Outlook, By Landing Gear Wheels (2022-2030) ($MN)
43 Europe Powered Wheels for Aircraft Landing Market Outlook, By Main Wheels (2022-2030) ($MN)
44 Europe Powered Wheels for Aircraft Landing Market Outlook, By Nose Wheels (2022-2030) ($MN)
45 Europe Powered Wheels for Aircraft Landing Market Outlook, By Tail Wheels (2022-2030) ($MN)
46 Europe Powered Wheels for Aircraft Landing Market Outlook, By Technology (2022-2030) ($MN)
47 Europe Powered Wheels for Aircraft Landing Market Outlook, By Electrically Powered Wheels (2022-2030) ($MN)
48 Europe Powered Wheels for Aircraft Landing Market Outlook, By Hydraulically Powered Wheels (2022-2030) ($MN)
49 Europe Powered Wheels for Aircraft Landing Market Outlook, By End User (2022-2030) ($MN)
50 Europe Powered Wheels for Aircraft Landing Market Outlook, By OEMs (Original Equipment Manufacturers) (2022-2030) ($MN)
51 Europe Powered Wheels for Aircraft Landing Market Outlook, By Aftermarket (2022-2030) ($MN)
52 Asia Pacific Powered Wheels for Aircraft Landing Market Outlook, By Country (2022-2030) ($MN)
53 Asia Pacific Powered Wheels for Aircraft Landing Market Outlook, By Aircraft Type (2022-2030) ($MN)
54 Asia Pacific Powered Wheels for Aircraft Landing Market Outlook, By Commercial Aircraft (2022-2030) ($MN)
55 Asia Pacific Powered Wheels for Aircraft Landing Market Outlook, By Military Aircraft (2022-2030) ($MN)
56 Asia Pacific Powered Wheels for Aircraft Landing Market Outlook, By Business Jets (2022-2030) ($MN)
57 Asia Pacific Powered Wheels for Aircraft Landing Market Outlook, By General Aviation (2022-2030) ($MN)
58 Asia Pacific Powered Wheels for Aircraft Landing Market Outlook, By Wheel Type (2022-2030) ($MN)
59 Asia Pacific Powered Wheels for Aircraft Landing Market Outlook, By Landing Gear Wheels (2022-2030) ($MN)
60 Asia Pacific Powered Wheels for Aircraft Landing Market Outlook, By Main Wheels (2022-2030) ($MN)
61 Asia Pacific Powered Wheels for Aircraft Landing Market Outlook, By Nose Wheels (2022-2030) ($MN)
62 Asia Pacific Powered Wheels for Aircraft Landing Market Outlook, By Tail Wheels (2022-2030) ($MN)
63 Asia Pacific Powered Wheels for Aircraft Landing Market Outlook, By Technology (2022-2030) ($MN)
64 Asia Pacific Powered Wheels for Aircraft Landing Market Outlook, By Electrically Powered Wheels (2022-2030) ($MN)
65 Asia Pacific Powered Wheels for Aircraft Landing Market Outlook, By Hydraulically Powered Wheels (2022-2030) ($MN)
66 Asia Pacific Powered Wheels for Aircraft Landing Market Outlook, By End User (2022-2030) ($MN)
67 Asia Pacific Powered Wheels for Aircraft Landing Market Outlook, By OEMs (Original Equipment Manufacturers) (2022-2030) ($MN)
68 Asia Pacific Powered Wheels for Aircraft Landing Market Outlook, By Aftermarket (2022-2030) ($MN)
69 South America Powered Wheels for Aircraft Landing Market Outlook, By Country (2022-2030) ($MN)
70 South America Powered Wheels for Aircraft Landing Market Outlook, By Aircraft Type (2022-2030) ($MN)
71 South America Powered Wheels for Aircraft Landing Market Outlook, By Commercial Aircraft (2022-2030) ($MN)
72 South America Powered Wheels for Aircraft Landing Market Outlook, By Military Aircraft (2022-2030) ($MN)
73 South America Powered Wheels for Aircraft Landing Market Outlook, By Business Jets (2022-2030) ($MN)
74 South America Powered Wheels for Aircraft Landing Market Outlook, By General Aviation (2022-2030) ($MN)
75 South America Powered Wheels for Aircraft Landing Market Outlook, By Wheel Type (2022-2030) ($MN)
76 South America Powered Wheels for Aircraft Landing Market Outlook, By Landing Gear Wheels (2022-2030) ($MN)
77 South America Powered Wheels for Aircraft Landing Market Outlook, By Main Wheels (2022-2030) ($MN)
78 South America Powered Wheels for Aircraft Landing Market Outlook, By Nose Wheels (2022-2030) ($MN)
79 South America Powered Wheels for Aircraft Landing Market Outlook, By Tail Wheels (2022-2030) ($MN)
80 South America Powered Wheels for Aircraft Landing Market Outlook, By Technology (2022-2030) ($MN)
81 South America Powered Wheels for Aircraft Landing Market Outlook, By Electrically Powered Wheels (2022-2030) ($MN)
82 South America Powered Wheels for Aircraft Landing Market Outlook, By Hydraulically Powered Wheels (2022-2030) ($MN)
83 South America Powered Wheels for Aircraft Landing Market Outlook, By End User (2022-2030) ($MN)
84 South America Powered Wheels for Aircraft Landing Market Outlook, By OEMs (Original Equipment Manufacturers) (2022-2030) ($MN)
85 South America Powered Wheels for Aircraft Landing Market Outlook, By Aftermarket (2022-2030) ($MN)
86 Middle East & Africa Powered Wheels for Aircraft Landing Market Outlook, By Country (2022-2030) ($MN)
87 Middle East & Africa Powered Wheels for Aircraft Landing Market Outlook, By Aircraft Type (2022-2030) ($MN)
88 Middle East & Africa Powered Wheels for Aircraft Landing Market Outlook, By Commercial Aircraft (2022-2030) ($MN)
89 Middle East & Africa Powered Wheels for Aircraft Landing Market Outlook, By Military Aircraft (2022-2030) ($MN)
90 Middle East & Africa Powered Wheels for Aircraft Landing Market Outlook, By Business Jets (2022-2030) ($MN)
91 Middle East & Africa Powered Wheels for Aircraft Landing Market Outlook, By General Aviation (2022-2030) ($MN)
92 Middle East & Africa Powered Wheels for Aircraft Landing Market Outlook, By Wheel Type (2022-2030) ($MN)
93 Middle East & Africa Powered Wheels for Aircraft Landing Market Outlook, By Landing Gear Wheels (2022-2030) ($MN)
94 Middle East & Africa Powered Wheels for Aircraft Landing Market Outlook, By Main Wheels (2022-2030) ($MN)
95 Middle East & Africa Powered Wheels for Aircraft Landing Market Outlook, By Nose Wheels (2022-2030) ($MN)
96 Middle East & Africa Powered Wheels for Aircraft Landing Market Outlook, By Tail Wheels (2022-2030) ($MN)
97 Middle East & Africa Powered Wheels for Aircraft Landing Market Outlook, By Technology (2022-2030) ($MN)
98 Middle East & Africa Powered Wheels for Aircraft Landing Market Outlook, By Electrically Powered Wheels (2022-2030) ($MN)
99 Middle East & Africa Powered Wheels for Aircraft Landing Market Outlook, By Hydraulically Powered Wheels (2022-2030) ($MN)
100 Middle East & Africa Powered Wheels for Aircraft Landing Market Outlook, By End User (2022-2030) ($MN)
101 Middle East & Africa Powered Wheels for Aircraft Landing Market Outlook, By OEMs (Original Equipment Manufacturers) (2022-2030) ($MN)
102 Middle East & Africa Powered Wheels for Aircraft Landing Market Outlook, By Aftermarket (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
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
