Propulsion Systems Market
Propulsion Systems - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Propulsion Systems market accounted for $261.00 billion in 2017 and is expected to reach $543.80 billion by 2026 growing at a CAGR of 8.5% during the forecast period. Growing space expeditions, increasing applications in various defense weapons and increasing need for long-range missiles are some of the key driving factors for the market growth. However, stringent airspace regulations may hinder market growth.
A propulsion system is referred to a system of machines that produces thrust to push an object forward. Propulsion systems work on Newton’s third law, i.e. ‘for every action there is an equal and opposite reaction’. Different propulsion systems generate different thrusts, but all thrusts will have some connection with Newton’s third law. On airplanes, thrust is usually generated through some application of Newton's third law of action and reaction.
Based on Application, Unmanned Aerial Vehicles segment held considerable market share during the forecast period due to the rising demand for UAV usage in diverse applications. UAVs are mounted with different types of engines in accordance with the required power to perform different operations. By geography, North America is expected to grow at a faster rate due to the rising number of military modernization programs in this region.
Some of the key players profiled in the Propulsion Systems include 3W International GmbH, Satellite Propulsion System Market Aerojet Rocketdyne Holdings, Inc. , Financial Highlights, General Electric Co., GKN Aerospace, Honeywell International Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, Orbital ATK, Rolls-Royce Holdings PLC., Safran S.A, The Raytheon Company and United Technologies Corporation.
Types Covered:
• Transcatheter Heart Valves
• Tissue Heart Valves
• Tactical Unmanned Aerial Vehicle
• Mini and Micro Unmanned Aerial Vehicle
• Medium-Altitude Long-Endurance Unmanned Aerial Vehicle
• Mechanical Heart Valves
• High-Altitude Long Endurance Unmanned Aerial Vehicle
• Electric Propulsion Engines
• Non-Air Breathing Engines
• Air-Breathing Engines
Applications Covered:
• Unmanned Aerial Vehicles
• Spacecraft
• Missiles
• Aircraft
• Railway
• Marine
• Electric
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
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- 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 Application Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario
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 Propulsion Systems Market, By Type
5.1 Introduction
5.2 Transcatheter Heart Valves
5.3 Tissue Heart Valves
5.4 Tactical Unmanned Aerial Vehicle
5.5 Mini and Micro Unmanned Aerial Vehicle
5.6 Medium-Altitude Long-Endurance Unmanned Aerial Vehicle
5.7 Mechanical Heart Valves
5.8 High-Altitude Long Endurance Unmanned Aerial Vehicle
5.9 Electric Propulsion Engines
5.10 Non-Air Breathing Engines
5.10.1 Liquid Propulsion
5.10.2 Solid Propulsion
5.10.3 Hybrid
5.11 Air-Breathing Engines
5.11.1 Gas Turbine & Jet Engine
5.11.2 Ramjet & Scramjet
5.11.3 Internal Combustion
6 Global Propulsion Systems Market, By Application
6.1 Introduction
6.2 Unmanned Aerial Vehicles
6.3 Spacecraft
6.4 Missiles
6.5 Aircraft
6.6 Railway
6.7 Marine
6.8 Electric
7 Global Propulsion Systems Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa
8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies
9 Company Profiling
9.1 3W International GmbH
9.2 Aerojet Rocketdyne Holdings, Inc.
9.3 Financial Highlights
9.4 General Electric Co.
9.5 GKN Aerospace
9.6 Honeywell International Inc.
9.7 Lockheed Martin Corporation
9.8 Northrop Grumman Corporation
9.9 Orbital ATK
9.10 Rolls-Royce Holdings PLC.
9.11 Safran S.A
9.12 The Raytheon Company
9.13 United Technologies Corporation
List of Tables
1 Global Propulsion Systems Market Outlook, By Region (2016-2026) (US $MN)
2 Global Propulsion Systems Market Outlook, By Type (2016-2026) (US $MN)
3 Global Propulsion Systems Market Outlook, By Transcatheter Heart Valves (2016-2026) (US $MN)
4 Global Propulsion Systems Market Outlook, By Tissue Heart Valves (2016-2026) (US $MN)
5 Global Propulsion Systems Market Outlook, By Tactical Unmanned Aerial Vehicle (2016-2026) (US $MN)
6 Global Propulsion Systems Market Outlook, By Mini and Micro Unmanned Aerial Vehicle (2016-2026) (US $MN)
7 Global Propulsion Systems Market Outlook, By Medium-Altitude Long-Endurance Unmanned Aerial Vehicle (2016-2026) (US $MN)
8 Global Propulsion Systems Market Outlook, By Mechanical Heart Valves (2016-2026) (US $MN)
9 Global Propulsion Systems Market Outlook, By High-Altitude Long Endurance Unmanned Aerial Vehicle (2016-2026) (US $MN)
10 Global Propulsion Systems Market Outlook, By Electric Propulsion Engines (2016-2026) (US $MN)
11 Global Propulsion Systems Market Outlook, By Non-Air Breathing Engines (2016-2026) (US $MN)
12 Global Propulsion Systems Market Outlook, By Liquid Propulsion (2016-2026) (US $MN)
13 Global Propulsion Systems Market Outlook, By Solid Propulsion (2016-2026) (US $MN)
14 Global Propulsion Systems Market Outlook, By Hybrid (2016-2026) (US $MN)
15 Global Propulsion Systems Market Outlook, By Air-Breathing Engines (2016-2026) (US $MN)
16 Global Propulsion Systems Market Outlook, By Gas Turbine & Jet Engine (2016-2026) (US $MN)
17 Global Propulsion Systems Market Outlook, By Ramjet & Scramjet (2016-2026) (US $MN)
18 Global Propulsion Systems Market Outlook, By Internal Combustion (2016-2026) (US $MN)
19 Global Propulsion Systems Market Outlook, By Application (2016-2026) (US $MN)
20 Global Propulsion Systems Market Outlook, By Unmanned Aerial Vehicles (2016-2026) (US $MN)
21 Global Propulsion Systems Market Outlook, By Spacecraft (2016-2026) (US $MN)
22 Global Propulsion Systems Market Outlook, By Missiles (2016-2026) (US $MN)
23 Global Propulsion Systems Market Outlook, By Aircraft (2016-2026) (US $MN)
24 Global Propulsion Systems Market Outlook, By Railway (2016-2026) (US $MN)
25 Global Propulsion Systems Market Outlook, By Marine (2016-2026) (US $MN)
26 Global Propulsion Systems Market Outlook, By Electric (2016-2026) (US $MN)
27 North America Propulsion Systems Market Outlook, By Country (2016-2026) (US $MN)
28 North America Propulsion Systems Market Outlook, By Type (2016-2026) (US $MN)
29 North America Propulsion Systems Market Outlook, By Transcatheter Heart Valves (2016-2026) (US $MN)
30 North America Propulsion Systems Market Outlook, By Tissue Heart Valves (2016-2026) (US $MN)
31 North America Propulsion Systems Market Outlook, By Tactical Unmanned Aerial Vehicle (2016-2026) (US $MN)
32 North America Propulsion Systems Market Outlook, By Mini and Micro Unmanned Aerial Vehicle (2016-2026) (US $MN)
33 North America Propulsion Systems Market Outlook, By Medium-Altitude Long-Endurance Unmanned Aerial Vehicle (2016-2026) (US $MN)
34 North America Propulsion Systems Market Outlook, By Mechanical Heart Valves (2016-2026) (US $MN)
35 North America Propulsion Systems Market Outlook, By High-Altitude Long Endurance Unmanned Aerial Vehicle (2016-2026) (US $MN)
36 North America Propulsion Systems Market Outlook, By Electric Propulsion Engines (2016-2026) (US $MN)
37 North America Propulsion Systems Market Outlook, By Non-Air Breathing Engines (2016-2026) (US $MN)
38 North America Propulsion Systems Market Outlook, By Liquid Propulsion (2016-2026) (US $MN)
39 North America Propulsion Systems Market Outlook, By Solid Propulsion (2016-2026) (US $MN)
40 North America Propulsion Systems Market Outlook, By Hybrid (2016-2026) (US $MN)
41 North America Propulsion Systems Market Outlook, By Air-Breathing Engines (2016-2026) (US $MN)
42 North America Propulsion Systems Market Outlook, By Gas Turbine & Jet Engine (2016-2026) (US $MN)
43 North America Propulsion Systems Market Outlook, By Ramjet & Scramjet (2016-2026) (US $MN)
44 North America Propulsion Systems Market Outlook, By Internal Combustion (2016-2026) (US $MN)
45 North America Propulsion Systems Market Outlook, By Application (2016-2026) (US $MN)
46 North America Propulsion Systems Market Outlook, By Unmanned Aerial Vehicles (2016-2026) (US $MN)
47 North America Propulsion Systems Market Outlook, By Spacecraft (2016-2026) (US $MN)
48 North America Propulsion Systems Market Outlook, By Missiles (2016-2026) (US $MN)
49 North America Propulsion Systems Market Outlook, By Aircraft (2016-2026) (US $MN)
50 North America Propulsion Systems Market Outlook, By Railway (2016-2026) (US $MN)
51 North America Propulsion Systems Market Outlook, By Marine (2016-2026) (US $MN)
52 North America Propulsion Systems Market Outlook, By Electric (2016-2026) (US $MN)
53 Europe Propulsion Systems Market Outlook, By Country (2016-2026) (US $MN)
54 Europe Propulsion Systems Market Outlook, By Type (2016-2026) (US $MN)
55 Europe Propulsion Systems Market Outlook, By Transcatheter Heart Valves (2016-2026) (US $MN)
56 Europe Propulsion Systems Market Outlook, By Tissue Heart Valves (2016-2026) (US $MN)
57 Europe Propulsion Systems Market Outlook, By Tactical Unmanned Aerial Vehicle (2016-2026) (US $MN)
58 Europe Propulsion Systems Market Outlook, By Mini and Micro Unmanned Aerial Vehicle (2016-2026) (US $MN)
59 Europe Propulsion Systems Market Outlook, By Medium-Altitude Long-Endurance Unmanned Aerial Vehicle (2016-2026) (US $MN)
60 Europe Propulsion Systems Market Outlook, By Mechanical Heart Valves (2016-2026) (US $MN)
61 Europe Propulsion Systems Market Outlook, By High-Altitude Long Endurance Unmanned Aerial Vehicle (2016-2026) (US $MN)
62 Europe Propulsion Systems Market Outlook, By Electric Propulsion Engines (2016-2026) (US $MN)
63 Europe Propulsion Systems Market Outlook, By Non-Air Breathing Engines (2016-2026) (US $MN)
64 Europe Propulsion Systems Market Outlook, By Liquid Propulsion (2016-2026) (US $MN)
65 Europe Propulsion Systems Market Outlook, By Solid Propulsion (2016-2026) (US $MN)
66 Europe Propulsion Systems Market Outlook, By Hybrid (2016-2026) (US $MN)
67 Europe Propulsion Systems Market Outlook, By Air-Breathing Engines (2016-2026) (US $MN)
68 Europe Propulsion Systems Market Outlook, By Gas Turbine & Jet Engine (2016-2026) (US $MN)
69 Europe Propulsion Systems Market Outlook, By Ramjet & Scramjet (2016-2026) (US $MN)
70 Europe Propulsion Systems Market Outlook, By Internal Combustion (2016-2026) (US $MN)
71 Europe Propulsion Systems Market Outlook, By Application (2016-2026) (US $MN)
72 Europe Propulsion Systems Market Outlook, By Unmanned Aerial Vehicles (2016-2026) (US $MN)
73 Europe Propulsion Systems Market Outlook, By Spacecraft (2016-2026) (US $MN)
74 Europe Propulsion Systems Market Outlook, By Missiles (2016-2026) (US $MN)
75 Europe Propulsion Systems Market Outlook, By Aircraft (2016-2026) (US $MN)
76 Europe Propulsion Systems Market Outlook, By Railway (2016-2026) (US $MN)
77 Europe Propulsion Systems Market Outlook, By Marine (2016-2026) (US $MN)
78 Europe Propulsion Systems Market Outlook, By Electric (2016-2026) (US $MN)
79 Asia Pacific Propulsion Systems Market Outlook, By Country (2016-2026) (US $MN)
80 Asia Pacific Propulsion Systems Market Outlook, By Type (2016-2026) (US $MN)
81 Asia Pacific Propulsion Systems Market Outlook, By Transcatheter Heart Valves (2016-2026) (US $MN)
82 Asia Pacific Propulsion Systems Market Outlook, By Tissue Heart Valves (2016-2026) (US $MN)
83 Asia Pacific Propulsion Systems Market Outlook, By Tactical Unmanned Aerial Vehicle (2016-2026) (US $MN)
84 Asia Pacific Propulsion Systems Market Outlook, By Mini and Micro Unmanned Aerial Vehicle (2016-2026) (US $MN)
85 Asia Pacific Propulsion Systems Market Outlook, By Medium-Altitude Long-Endurance Unmanned Aerial Vehicle (2016-2026) (US $MN)
86 Asia Pacific Propulsion Systems Market Outlook, By Mechanical Heart Valves (2016-2026) (US $MN)
87 Asia Pacific Propulsion Systems Market Outlook, By High-Altitude Long Endurance Unmanned Aerial Vehicle (2016-2026) (US $MN)
88 Asia Pacific Propulsion Systems Market Outlook, By Electric Propulsion Engines (2016-2026) (US $MN)
89 Asia Pacific Propulsion Systems Market Outlook, By Non-Air Breathing Engines (2016-2026) (US $MN)
90 Asia Pacific Propulsion Systems Market Outlook, By Liquid Propulsion (2016-2026) (US $MN)
91 Asia Pacific Propulsion Systems Market Outlook, By Solid Propulsion (2016-2026) (US $MN)
92 Asia Pacific Propulsion Systems Market Outlook, By Hybrid (2016-2026) (US $MN)
93 Asia Pacific Propulsion Systems Market Outlook, By Air-Breathing Engines (2016-2026) (US $MN)
94 Asia Pacific Propulsion Systems Market Outlook, By Gas Turbine & Jet Engine (2016-2026) (US $MN)
95 Asia Pacific Propulsion Systems Market Outlook, By Ramjet & Scramjet (2016-2026) (US $MN)
96 Asia Pacific Propulsion Systems Market Outlook, By Internal Combustion (2016-2026) (US $MN)
97 Asia Pacific Propulsion Systems Market Outlook, By Application (2016-2026) (US $MN)
98 Asia Pacific Propulsion Systems Market Outlook, By Unmanned Aerial Vehicles (2016-2026) (US $MN)
99 Asia Pacific Propulsion Systems Market Outlook, By Spacecraft (2016-2026) (US $MN)
100 Asia Pacific Propulsion Systems Market Outlook, By Missiles (2016-2026) (US $MN)
101 Asia Pacific Propulsion Systems Market Outlook, By Aircraft (2016-2026) (US $MN)
102 Asia Pacific Propulsion Systems Market Outlook, By Railway (2016-2026) (US $MN)
103 Asia Pacific Propulsion Systems Market Outlook, By Marine (2016-2026) (US $MN)
104 Asia Pacific Propulsion Systems Market Outlook, By Electric (2016-2026) (US $MN)
105 South America Propulsion Systems Market Outlook, By Country (2016-2026) (US $MN)
106 South America Propulsion Systems Market Outlook, By Type (2016-2026) (US $MN)
107 South America Propulsion Systems Market Outlook, By Transcatheter Heart Valves (2016-2026) (US $MN)
108 South America Propulsion Systems Market Outlook, By Tissue Heart Valves (2016-2026) (US $MN)
109 South America Propulsion Systems Market Outlook, By Tactical Unmanned Aerial Vehicle (2016-2026) (US $MN)
110 South America Propulsion Systems Market Outlook, By Mini and Micro Unmanned Aerial Vehicle (2016-2026) (US $MN)
111 South America Propulsion Systems Market Outlook, By Medium-Altitude Long-Endurance Unmanned Aerial Vehicle (2016-2026) (US $MN)
112 South America Propulsion Systems Market Outlook, By Mechanical Heart Valves (2016-2026) (US $MN)
113 South America Propulsion Systems Market Outlook, By High-Altitude Long Endurance Unmanned Aerial Vehicle (2016-2026) (US $MN)
114 South America Propulsion Systems Market Outlook, By Electric Propulsion Engines (2016-2026) (US $MN)
115 South America Propulsion Systems Market Outlook, By Non-Air Breathing Engines (2016-2026) (US $MN)
116 South America Propulsion Systems Market Outlook, By Liquid Propulsion (2016-2026) (US $MN)
117 South America Propulsion Systems Market Outlook, By Solid Propulsion (2016-2026) (US $MN)
118 South America Propulsion Systems Market Outlook, By Hybrid (2016-2026) (US $MN)
119 South America Propulsion Systems Market Outlook, By Air-Breathing Engines (2016-2026) (US $MN)
120 South America Propulsion Systems Market Outlook, By Gas Turbine & Jet Engine (2016-2026) (US $MN)
121 South America Propulsion Systems Market Outlook, By Ramjet & Scramjet (2016-2026) (US $MN)
122 South America Propulsion Systems Market Outlook, By Internal Combustion (2016-2026) (US $MN)
123 South America Propulsion Systems Market Outlook, By Application (2016-2026) (US $MN)
124 South America Propulsion Systems Market Outlook, By Unmanned Aerial Vehicles (2016-2026) (US $MN)
125 South America Propulsion Systems Market Outlook, By Spacecraft (2016-2026) (US $MN)
126 South America Propulsion Systems Market Outlook, By Missiles (2016-2026) (US $MN)
127 South America Propulsion Systems Market Outlook, By Aircraft (2016-2026) (US $MN)
128 South America Propulsion Systems Market Outlook, By Railway (2016-2026) (US $MN)
129 South America Propulsion Systems Market Outlook, By Marine (2016-2026) (US $MN)
130 South America Propulsion Systems Market Outlook, By Electric (2016-2026) (US $MN)
131 Middle East & Africa Propulsion Systems Market Outlook, By Country (2016-2026) (US $MN)
132 Middle East & Africa Propulsion Systems Market Outlook, By Type (2016-2026) (US $MN)
133 Middle East & Africa Propulsion Systems Market Outlook, By Transcatheter Heart Valves (2016-2026) (US $MN)
134 Middle East & Africa Propulsion Systems Market Outlook, By Tissue Heart Valves (2016-2026) (US $MN)
135 Middle East & Africa Propulsion Systems Market Outlook, By Tactical Unmanned Aerial Vehicle (2016-2026) (US $MN)
136 Middle East & Africa Propulsion Systems Market Outlook, By Mini and Micro Unmanned Aerial Vehicle (2016-2026) (US $MN)
137 Middle East & Africa Propulsion Systems Market Outlook, By Medium-Altitude Long-Endurance Unmanned Aerial Vehicle (2016-2026) (US $MN)
138 Middle East & Africa Propulsion Systems Market Outlook, By Mechanical Heart Valves (2016-2026) (US $MN)
139 Middle East & Africa Propulsion Systems Market Outlook, By High-Altitude Long Endurance Unmanned Aerial Vehicle (2016-2026) (US $MN)
140 Middle East & Africa Propulsion Systems Market Outlook, By Electric Propulsion Engines (2016-2026) (US $MN)
141 Middle East & Africa Propulsion Systems Market Outlook, By Non-Air Breathing Engines (2016-2026) (US $MN)
142 Middle East & Africa Propulsion Systems Market Outlook, By Liquid Propulsion (2016-2026) (US $MN)
143 Middle East & Africa Propulsion Systems Market Outlook, By Solid Propulsion (2016-2026) (US $MN)
144 Middle East & Africa Propulsion Systems Market Outlook, By Hybrid (2016-2026) (US $MN)
145 Middle East & Africa Propulsion Systems Market Outlook, By Air-Breathing Engines (2016-2026) (US $MN)
146 Middle East & Africa Propulsion Systems Market Outlook, By Gas Turbine & Jet Engine (2016-2026) (US $MN)
147 Middle East & Africa Propulsion Systems Market Outlook, By Ramjet & Scramjet (2016-2026) (US $MN)
148 Middle East & Africa Propulsion Systems Market Outlook, By Internal Combustion (2016-2026) (US $MN)
149 Middle East & Africa Propulsion Systems Market Outlook, By Application (2016-2026) (US $MN)
150 Middle East & Africa Propulsion Systems Market Outlook, By Unmanned Aerial Vehicles (2016-2026) (US $MN)
151 Middle East & Africa Propulsion Systems Market Outlook, By Spacecraft (2016-2026) (US $MN)
152 Middle East & Africa Propulsion Systems Market Outlook, By Missiles (2016-2026) (US $MN)
153 Middle East & Africa Propulsion Systems Market Outlook, By Aircraft (2016-2026) (US $MN)
154 Middle East & Africa Propulsion Systems Market Outlook, By Railway (2016-2026) (US $MN)
155 Middle East & Africa Propulsion Systems Market Outlook, By Marine (2016-2026) (US $MN)
156 Middle East & Africa Propulsion Systems Market Outlook, By Electric (2016-2026) (US $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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