Sub Orbital Transportation And Space Tourism Market
Sub-Orbital Transportation and Space Tourism Market Forecasts to 2030 - Global Analysis By Vehicle Type (Sub-Orbital Reusable Vehicles, High-Altitude Balloons and Parabolic Aircraft), Application (Cargo Delivery, Earth Observation/Remote Sensing, Space Tourism, Satellite Deployment and Other Applications), End User and By Geography
According to Stratistics MRC, the Global Sub-Orbital Transportation and Space Tourism Market is accounted for $728.58 million in 2023 and is expected to reach $2,505.89 million by 2030 growing at a CAGR of 19.3% during the forecast period. Sub-orbital flights involve brief journeys that do not reach Earth's orbit but still allow passengers to experience weightlessness and witness the curvature of the planet. With the advent of private space companies, it has become a reality for private individuals who seek the thrill of space travel. These companies have developed reusable rockets and spaceplanes that can carry a small number of paying passengers on sub-orbital flights.
According to UBS, the space tourism market alone could be worth $3bn by 2030.
Market Dynamics:
Driver:
Growing emphasis on development in space tourism
During the overcast period, it is predicted that space tourism would become more significant and well-liked. Space tourism will enable the general public to arrange a trip to space just for leisure. The frontier of space tourism is being expanded by companies like Virgin Galactic and Blue Origin. Projects involving additional market participants, including Space Adventures' "DSE Alpha" project for a circumlunar voyage to the Moon, are also anticipated to spur market expansion.
Restraint:
High cost of sub-orbital transportation and space tourism
The cost of space tourism will be high as a result of recent developments in space tourism and stiff competition among leading aerospace companies. This factor is expected to emerge as a leading restrictive factor for the global sub-orbital transportation and space tourism market. For instance, initial ticket costs for space tourism sold by Virgin Galactic are in the range of USD 200,000 to USD 250,000 and are only expected to increase in the future.
Opportunity:
Development and launches in spaceships and spacecrafts
The billionaires are spending a lot of money developing and testing spaceships that can be used for space tourism. The markets for space tourism and suborbital travel will benefit even more from this. As an illustration, Blue Origin just flew "New Shepard," or NS-17, which carried NASA's lunar landing hardware for its second trip. The New Shepard, a rocket-and-capsule system, is entirely self-contained and does not require manual control from the inside. In the near future, such advances are likely to open up new options for space tourism, spurring industry expansion.
Threat:
Delay in space tourism flights
The delay in space tourism flights poses a significant threat in the sub orbital transportation and space tourism market. As the commercial space industry aims to make space travel accessible to private individuals, postponements in space tourism flights can lead to several negative consequences. First and foremost, delays can erode customer confidence and enthusiasm, potentially leading to a decline in demand for space tourism experiences. Potential customers may lose interest or opt for alternative experiences due to uncertainty surrounding the timing of their space journey.
Covid-19 Impact:
The COVID-19 pandemic's unexpected emergence severely disrupted practically every industry, and the suborbital travel and space tourism sectors are no exception. The shutdown prevented the development of anything besides drugs and vaccinations, which had a devastating impact on the sub-orbital transportation and space tourism industries worldwide. To protect the safety of the crew, the satellite launch activities and tests were also put on hold, which hindered the market's expansion.
The space tourism segment is expected to be the largest during the forecast period
The space tourism segment held the largest share in the market owing to the increasing initiatives by companies operating in the market for development of more affordable solutions for space travel. Space tourism is expected to take place either on established government-owned spacecraft, including the Russian Soyuz, as well as the International Space Station (ISS) or other private-company-owned vehicles. Space tourism has gained new popularity after journey of the world's first space traveler, who was an American businessman.
The high-altitude balloons segment is expected to have the highest CAGR during the forecast period
During the projection period, the high-altitude balloon segment is expected to have the greatest CAGR due to businesses' growing emphasis on transporting clients in high-altitude balloons to the stratosphere. For instance, Space Perspective is focusing on sending paying customers to the edge of space, where they may get a rare view of the Earth's curvature. Customers will be able to travel to the stratosphere in a spherical white capsule named Neptune, which resembles a spinning top and has big glass windows that would provide a better view. The propellant will be a large, hydrogen-filled, translucent balloon.
Region with largest share:
The North America region market is estimated to witness the highest share of the global Sub-Orbital Transportation and Space Tourism market during the forecast period. A growing number of successful demonstrations and rocket launches by large corporations in this sector have created new, lucrative, and high-potential prospects for both those companies and other companies looking to enter the field. Additionally, these successful testing have shown that these systems are feasible and can help businesses market their own products. The space ports that enable sub-orbital spaceflights, like the West Texas Launch Site and the Spaceport America Launch Site, are anticipated to increase sub-orbital transportation and space tourism operations and propel the expansion of the North American market.
Region with highest CAGR:
The Asia Pacific region is expected to have the highest growth rate over the forecast period. Due to increasing initiatives by companies to offer tourists rides to space. CAS Space, which is a business spinoff of the Chinese Academy of Sciences (CAS), has been developing rockets for commercial satellite launches and declared its intention to take humans into space. CAS Space is developing a single-stage reusable rocket capable of carrying up to seven passengers for a 10-minute flight above the Kármán line at 62 miles, which is recognized as the boundary of Earth's atmosphere and outer space.
Key players in the market
Some of the key players in Sub-Orbital Transportation and Space Tourism market include Aerostar International, Inc., Blue Origin , Equatorial Space Systems Pte Ltd., Exos Aerospace Systems & Technologies, Inc., Near Space Corporation, Orbspace, PD AeroSpace, Raven Aerostar, Space Exploration Technologies Corp. (SpaceX), Space Perspective Inc., Swedish Space Corporation, UP Aerospace Inc., Virgin Galactic Holdings Inc., World View Enterprises, Zero 2 Infinity S.L and Zero Gravity Corporation.
Key Developments:
In January 2022, Chinese firm Space Transportation announced to have raised more than USD 46.3 million for its hypersonic space plane plans in a new fundraising round. The funding will be used to develop commercial suborbital and hypersonic vehicles.
In August 2021, Virgin Orbit confirmed plans to become a public company by merging with a special purpose acquisition company (SPAC). The combined company is valued at $3.2 billion, and Virgin Orbit will receive $483 million in cash at close, including a $100 million PIPE.
In April 2021, Florida-based space balloon company Space Perspective , which is a business that plans to offer tourists stratospheric balloon flights, officially opened ticket sales just days after its first test flight
Vehicle Types Covered:
• Sub-Orbital Reusable Vehicles
• High-Altitude Balloons
• Parabolic Aircraft
Applications Covered:
• Cargo Delivery
• Earth Observation/Remote Sensing
• Space Tourism
• Satellite Deployment
• Remote Sensing & Earth Observation
• Other Applications
End-Users Covered:
• Commercial
• Military
• Government
• 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 2021, 2022, 2023, 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 Application 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 Sub-Orbital Transportation and Space Tourism Market, By Vehicle Type
5.1 Introduction
5.2 Sub-Orbital Reusable Vehicles
5.3 High-Altitude Balloons
5.4 Parabolic Aircraft
6 Global Sub-Orbital Transportation and Space Tourism Market, By Application
6.1 Introduction
6.2 Cargo Delivery
6.3 Earth Observation/Remote Sensing
6.4 Space Tourism
6.5 Satellite Deployment
6.6 Remote Sensing & Earth Observation
6.7 Other Applications
7 Global Sub-Orbital Transportation and Space Tourism Market, By End-User
7.1 Introduction
7.2 Commercial
7.3 Military
7.4 Government
7.5 Other End users
8 Global Sub-Orbital Transportation and Space Tourism Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Aerostar International, Inc.
10.2 Blue Origin
10.3 Equatorial Space Systems Pte Ltd.
10.4 Exos Aerospace Systems & Technologies, Inc.
10.5 Near Space Corporation
10.6 Orbspace
10.7 PD AeroSpace
10.8 Raven Aerostar
10.9 Space Exploration Technologies Corp. (SpaceX)
10.10 Space Perspective Inc.
10.11 Swedish Space Corporation
10.12 UP Aerospace Inc.
10.13 Virgin Galactic Holdings Inc.
10.14 World View Enterprises
10.15 Zero 2 Infinity S.L
10.16 Zero Gravity Corporation
List of Tables
1 Global Sub-Orbital Transportation and Space Tourism Market Outlook, By Region (2021-2030) ($MN)
2 Global Sub-Orbital Transportation and Space Tourism Market Outlook, By Vehicle Type (2021-2030) ($MN)
3 Global Sub-Orbital Transportation and Space Tourism Market Outlook, By Sub-Orbital Reusable Vehicles (2021-2030) ($MN)
4 Global Sub-Orbital Transportation and Space Tourism Market Outlook, By High-Altitude Balloons (2021-2030) ($MN)
5 Global Sub-Orbital Transportation and Space Tourism Market Outlook, By Parabolic Aircraft (2021-2030) ($MN)
6 Global Sub-Orbital Transportation and Space Tourism Market Outlook, By Application (2021-2030) ($MN)
7 Global Sub-Orbital Transportation and Space Tourism Market Outlook, By Cargo Delivery (2021-2030) ($MN)
8 Global Sub-Orbital Transportation and Space Tourism Market Outlook, By Earth Observation/Remote Sensing (2021-2030) ($MN)
9 Global Sub-Orbital Transportation and Space Tourism Market Outlook, By Space Tourism (2021-2030) ($MN)
10 Global Sub-Orbital Transportation and Space Tourism Market Outlook, By Satellite Deployment (2021-2030) ($MN)
11 Global Sub-Orbital Transportation and Space Tourism Market Outlook, By Remote Sensing & Earth Observation (2021-2030) ($MN)
12 Global Sub-Orbital Transportation and Space Tourism Market Outlook, By Other Applications (2021-2030) ($MN)
13 Global Sub-Orbital Transportation and Space Tourism Market Outlook, By End-User (2021-2030) ($MN)
14 Global Sub-Orbital Transportation and Space Tourism Market Outlook, By Commercial (2021-2030) ($MN)
15 Global Sub-Orbital Transportation and Space Tourism Market Outlook, By Military (2021-2030) ($MN)
16 Global Sub-Orbital Transportation and Space Tourism Market Outlook, By Government (2021-2030) ($MN)
17 Global Sub-Orbital Transportation and Space Tourism Market Outlook, By Other End users (2021-2030) ($MN)
18 North America Sub-Orbital Transportation and Space Tourism Market Outlook, By Country (2021-2030) ($MN)
19 North America Sub-Orbital Transportation and Space Tourism Market Outlook, By Vehicle Type (2021-2030) ($MN)
20 North America Sub-Orbital Transportation and Space Tourism Market Outlook, By Sub-Orbital Reusable Vehicles (2021-2030) ($MN)
21 North America Sub-Orbital Transportation and Space Tourism Market Outlook, By High-Altitude Balloons (2021-2030) ($MN)
22 North America Sub-Orbital Transportation and Space Tourism Market Outlook, By Parabolic Aircraft (2021-2030) ($MN)
23 North America Sub-Orbital Transportation and Space Tourism Market Outlook, By Application (2021-2030) ($MN)
24 North America Sub-Orbital Transportation and Space Tourism Market Outlook, By Cargo Delivery (2021-2030) ($MN)
25 North America Sub-Orbital Transportation and Space Tourism Market Outlook, By Earth Observation/Remote Sensing (2021-2030) ($MN)
26 North America Sub-Orbital Transportation and Space Tourism Market Outlook, By Space Tourism (2021-2030) ($MN)
27 North America Sub-Orbital Transportation and Space Tourism Market Outlook, By Satellite Deployment (2021-2030) ($MN)
28 North America Sub-Orbital Transportation and Space Tourism Market Outlook, By Remote Sensing & Earth Observation (2021-2030) ($MN)
29 North America Sub-Orbital Transportation and Space Tourism Market Outlook, By Other Applications (2021-2030) ($MN)
30 North America Sub-Orbital Transportation and Space Tourism Market Outlook, By End-User (2021-2030) ($MN)
31 North America Sub-Orbital Transportation and Space Tourism Market Outlook, By Commercial (2021-2030) ($MN)
32 North America Sub-Orbital Transportation and Space Tourism Market Outlook, By Military (2021-2030) ($MN)
33 North America Sub-Orbital Transportation and Space Tourism Market Outlook, By Government (2021-2030) ($MN)
34 North America Sub-Orbital Transportation and Space Tourism Market Outlook, By Other End users (2021-2030) ($MN)
35 Europe Sub-Orbital Transportation and Space Tourism Market Outlook, By Country (2021-2030) ($MN)
36 Europe Sub-Orbital Transportation and Space Tourism Market Outlook, By Vehicle Type (2021-2030) ($MN)
37 Europe Sub-Orbital Transportation and Space Tourism Market Outlook, By Sub-Orbital Reusable Vehicles (2021-2030) ($MN)
38 Europe Sub-Orbital Transportation and Space Tourism Market Outlook, By High-Altitude Balloons (2021-2030) ($MN)
39 Europe Sub-Orbital Transportation and Space Tourism Market Outlook, By Parabolic Aircraft (2021-2030) ($MN)
40 Europe Sub-Orbital Transportation and Space Tourism Market Outlook, By Application (2021-2030) ($MN)
41 Europe Sub-Orbital Transportation and Space Tourism Market Outlook, By Cargo Delivery (2021-2030) ($MN)
42 Europe Sub-Orbital Transportation and Space Tourism Market Outlook, By Earth Observation/Remote Sensing (2021-2030) ($MN)
43 Europe Sub-Orbital Transportation and Space Tourism Market Outlook, By Space Tourism (2021-2030) ($MN)
44 Europe Sub-Orbital Transportation and Space Tourism Market Outlook, By Satellite Deployment (2021-2030) ($MN)
45 Europe Sub-Orbital Transportation and Space Tourism Market Outlook, By Remote Sensing & Earth Observation (2021-2030) ($MN)
46 Europe Sub-Orbital Transportation and Space Tourism Market Outlook, By Other Applications (2021-2030) ($MN)
47 Europe Sub-Orbital Transportation and Space Tourism Market Outlook, By End-User (2021-2030) ($MN)
48 Europe Sub-Orbital Transportation and Space Tourism Market Outlook, By Commercial (2021-2030) ($MN)
49 Europe Sub-Orbital Transportation and Space Tourism Market Outlook, By Military (2021-2030) ($MN)
50 Europe Sub-Orbital Transportation and Space Tourism Market Outlook, By Government (2021-2030) ($MN)
51 Europe Sub-Orbital Transportation and Space Tourism Market Outlook, By Other End users (2021-2030) ($MN)
52 Asia Pacific Sub-Orbital Transportation and Space Tourism Market Outlook, By Country (2021-2030) ($MN)
53 Asia Pacific Sub-Orbital Transportation and Space Tourism Market Outlook, By Vehicle Type (2021-2030) ($MN)
54 Asia Pacific Sub-Orbital Transportation and Space Tourism Market Outlook, By Sub-Orbital Reusable Vehicles (2021-2030) ($MN)
55 Asia Pacific Sub-Orbital Transportation and Space Tourism Market Outlook, By High-Altitude Balloons (2021-2030) ($MN)
56 Asia Pacific Sub-Orbital Transportation and Space Tourism Market Outlook, By Parabolic Aircraft (2021-2030) ($MN)
57 Asia Pacific Sub-Orbital Transportation and Space Tourism Market Outlook, By Application (2021-2030) ($MN)
58 Asia Pacific Sub-Orbital Transportation and Space Tourism Market Outlook, By Cargo Delivery (2021-2030) ($MN)
59 Asia Pacific Sub-Orbital Transportation and Space Tourism Market Outlook, By Earth Observation/Remote Sensing (2021-2030) ($MN)
60 Asia Pacific Sub-Orbital Transportation and Space Tourism Market Outlook, By Space Tourism (2021-2030) ($MN)
61 Asia Pacific Sub-Orbital Transportation and Space Tourism Market Outlook, By Satellite Deployment (2021-2030) ($MN)
62 Asia Pacific Sub-Orbital Transportation and Space Tourism Market Outlook, By Remote Sensing & Earth Observation (2021-2030) ($MN)
63 Asia Pacific Sub-Orbital Transportation and Space Tourism Market Outlook, By Other Applications (2021-2030) ($MN)
64 Asia Pacific Sub-Orbital Transportation and Space Tourism Market Outlook, By End-User (2021-2030) ($MN)
65 Asia Pacific Sub-Orbital Transportation and Space Tourism Market Outlook, By Commercial (2021-2030) ($MN)
66 Asia Pacific Sub-Orbital Transportation and Space Tourism Market Outlook, By Military (2021-2030) ($MN)
67 Asia Pacific Sub-Orbital Transportation and Space Tourism Market Outlook, By Government (2021-2030) ($MN)
68 Asia Pacific Sub-Orbital Transportation and Space Tourism Market Outlook, By Other End users (2021-2030) ($MN)
69 South America Sub-Orbital Transportation and Space Tourism Market Outlook, By Country (2021-2030) ($MN)
70 South America Sub-Orbital Transportation and Space Tourism Market Outlook, By Vehicle Type (2021-2030) ($MN)
71 South America Sub-Orbital Transportation and Space Tourism Market Outlook, By Sub-Orbital Reusable Vehicles (2021-2030) ($MN)
72 South America Sub-Orbital Transportation and Space Tourism Market Outlook, By High-Altitude Balloons (2021-2030) ($MN)
73 South America Sub-Orbital Transportation and Space Tourism Market Outlook, By Parabolic Aircraft (2021-2030) ($MN)
74 South America Sub-Orbital Transportation and Space Tourism Market Outlook, By Application (2021-2030) ($MN)
75 South America Sub-Orbital Transportation and Space Tourism Market Outlook, By Cargo Delivery (2021-2030) ($MN)
76 South America Sub-Orbital Transportation and Space Tourism Market Outlook, By Earth Observation/Remote Sensing (2021-2030) ($MN)
77 South America Sub-Orbital Transportation and Space Tourism Market Outlook, By Space Tourism (2021-2030) ($MN)
78 South America Sub-Orbital Transportation and Space Tourism Market Outlook, By Satellite Deployment (2021-2030) ($MN)
79 South America Sub-Orbital Transportation and Space Tourism Market Outlook, By Remote Sensing & Earth Observation (2021-2030) ($MN)
80 South America Sub-Orbital Transportation and Space Tourism Market Outlook, By Other Applications (2021-2030) ($MN)
81 South America Sub-Orbital Transportation and Space Tourism Market Outlook, By End-User (2021-2030) ($MN)
82 South America Sub-Orbital Transportation and Space Tourism Market Outlook, By Commercial (2021-2030) ($MN)
83 South America Sub-Orbital Transportation and Space Tourism Market Outlook, By Military (2021-2030) ($MN)
84 South America Sub-Orbital Transportation and Space Tourism Market Outlook, By Government (2021-2030) ($MN)
85 South America Sub-Orbital Transportation and Space Tourism Market Outlook, By Other End users (2021-2030) ($MN)
86 Middle East & Africa Sub-Orbital Transportation and Space Tourism Market Outlook, By Country (2021-2030) ($MN)
87 Middle East & Africa Sub-Orbital Transportation and Space Tourism Market Outlook, By Vehicle Type (2021-2030) ($MN)
88 Middle East & Africa Sub-Orbital Transportation and Space Tourism Market Outlook, By Sub-Orbital Reusable Vehicles (2021-2030) ($MN)
89 Middle East & Africa Sub-Orbital Transportation and Space Tourism Market Outlook, By High-Altitude Balloons (2021-2030) ($MN)
90 Middle East & Africa Sub-Orbital Transportation and Space Tourism Market Outlook, By Parabolic Aircraft (2021-2030) ($MN)
91 Middle East & Africa Sub-Orbital Transportation and Space Tourism Market Outlook, By Application (2021-2030) ($MN)
92 Middle East & Africa Sub-Orbital Transportation and Space Tourism Market Outlook, By Cargo Delivery (2021-2030) ($MN)
93 Middle East & Africa Sub-Orbital Transportation and Space Tourism Market Outlook, By Earth Observation/Remote Sensing (2021-2030) ($MN)
94 Middle East & Africa Sub-Orbital Transportation and Space Tourism Market Outlook, By Space Tourism (2021-2030) ($MN)
95 Middle East & Africa Sub-Orbital Transportation and Space Tourism Market Outlook, By Satellite Deployment (2021-2030) ($MN)
96 Middle East & Africa Sub-Orbital Transportation and Space Tourism Market Outlook, By Remote Sensing & Earth Observation (2021-2030) ($MN)
97 Middle East & Africa Sub-Orbital Transportation and Space Tourism Market Outlook, By Other Applications (2021-2030) ($MN)
98 Middle East & Africa Sub-Orbital Transportation and Space Tourism Market Outlook, By End-User (2021-2030) ($MN)
99 Middle East & Africa Sub-Orbital Transportation and Space Tourism Market Outlook, By Commercial (2021-2030) ($MN)
100 Middle East & Africa Sub-Orbital Transportation and Space Tourism Market Outlook, By Military (2021-2030) ($MN)
101 Middle East & Africa Sub-Orbital Transportation and Space Tourism Market Outlook, By Government (2021-2030) ($MN)
102 Middle East & Africa Sub-Orbital Transportation and Space Tourism Market Outlook, By Other End users (2021-2030) ($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.
