An electronically scanned array is a phased array that is an array of antennas that generates radio wave beams and rays. The emitted waves are navigated in the desired direction to a precise point without physically moving the antennas. This scanned arrays used in defense radar systems to scan radar beams and detect planes and missiles. Furthermore, the rising preference for technologically advanced system and integration of electronically scanned array into radar systems are the some of the major driving factors for the market growth.
MARKET DYNAMICS
The market is expected to grow in the defense sectors due to its rising applications in the detection and location of unidentified objects. Nevertheless, the high development costs of radar systems are hindering the growth of the global electronically scanned array market. Furthermore, due to growth in defense budgets of numerous emerging economies such as India and China has also created ample opportunities for an electronically scanned array market.
MARKET SCOPE
The "Global Electronically Scanned Array Market Analysis to 2031" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the global electronically scanned array market with detailed market segmentation by type, platform, component, and geography. The global electronically scanned array market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electronically scanned array market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global electronically scanned array market is segmented on the type, platform, and component. On the basis of type, the electronically scanned array market is segmented active electronically scanned array and passive electronically scanned array. On the basis of platform, the electronically scanned array market is segmented into land, naval, and airborne. On the basis of component, the electronically scanned array market is segmented into radar data processor, transmit receive module, cooling system, and others.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global electronically scanned array market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The electronically scanned array market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of eighteen countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the electronically scanned array market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces Analysis on a global scenario.
Have a question?
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global electronically scanned array market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The electronically scanned array market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of eighteen countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the electronically scanned array market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porter's Five Forces Analysis on a global scenario.
MARKET PLAYERS
The reports cover key developments in the electronically scanned array market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from electronically scanned array market are anticipated to lucrative growth opportunities in the future with the rising demand for aerospace bearings in the global market. Below mentioned is the list of few companies engaged in the electronically scanned array market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the electronically scanned array market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
- Israel Aerospace Industries Ltd.
- Leonardo S.p.A
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Rada Electronic Industries Ltd.
- Rohde & Schwarz, Inc.
- Saab AB
- SI2 Technologies
- Thales Group
- The Raytheon Company
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Electronically Scanned Array Market - By Type
1.3.2 Electronically Scanned Array Market - By Platform
1.3.3 Electronically Scanned Array Market - By Component
1.3.4 Electronically Scanned Array Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ELECTRONICALLY SCANNED ARRAY MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat to Substitute
4.2.1 Threat to New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. ELECTRONICALLY SCANNED ARRAY MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. ELECTRONICALLY SCANNED ARRAY MARKET - GLOBAL MARKET ANALYSIS
6.1. ELECTRONICALLY SCANNED ARRAY - GLOBAL MARKET OVERVIEW
6.2. ELECTRONICALLY SCANNED ARRAY - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ELECTRONICALLY SCANNED ARRAY MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. ACTIVE ELECTRONICALLY SCANNED ARRAY
7.3.1. Overview
7.3.2. Active Electronically Scanned Array Market Forecast and Analysis
7.4. PASSIVE ELECTRONICALLY SCANNED ARRAY
7.4.1. Overview
7.4.2. Passive Electronically Scanned Array Market Forecast and Analysis
8. ELECTRONICALLY SCANNED ARRAY MARKET - REVENUE AND FORECASTS TO 2028 - PLATFORM
8.1. OVERVIEW
8.2. PLATFORM MARKET FORECASTS AND ANALYSIS
8.3. LAND
8.3.1. Overview
8.3.2. Land Market Forecast and Analysis
8.4. NAVAL
8.4.1. Overview
8.4.2. Naval Market Forecast and Analysis
8.5. AIRBORNE
8.5.1. Overview
8.5.2. Airborne Market Forecast and Analysis
9. ELECTRONICALLY SCANNED ARRAY MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
9.1. OVERVIEW
9.2. COMPONENT MARKET FORECASTS AND ANALYSIS
9.3. RADAR DATA PROCESSOR
9.3.1. Overview
9.3.2. Radar Data Processor Market Forecast and Analysis
9.4. TRANSMIT RECEIVE MODULE
9.4.1. Overview
9.4.2. Transmit Receive Module Market Forecast and Analysis
9.5. COOLING SYSTEM
9.5.1. Overview
9.5.2. Cooling System Market Forecast and Analysis
9.6. OTHERS
9.6.1. Overview
9.6.2. Others Market Forecast and Analysis
10. ELECTRONICALLY SCANNED ARRAY MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Electronically Scanned Array Market Overview
10.1.2 North America Electronically Scanned Array Market Forecasts and Analysis
10.1.3 North America Electronically Scanned Array Market Forecasts and Analysis - By Type
10.1.4 North America Electronically Scanned Array Market Forecasts and Analysis - By Platform
10.1.5 North America Electronically Scanned Array Market Forecasts and Analysis - By Component
10.1.6 North America Electronically Scanned Array Market Forecasts and Analysis - By Countries
10.1.6.1 United States Electronically Scanned Array Market
10.1.6.1.1 United States Electronically Scanned Array Market by Type
10.1.6.1.2 United States Electronically Scanned Array Market by Platform
10.1.6.1.3 United States Electronically Scanned Array Market by Component
10.1.6.2 Canada Electronically Scanned Array Market
10.1.6.2.1 Canada Electronically Scanned Array Market by Type
10.1.6.2.2 Canada Electronically Scanned Array Market by Platform
10.1.6.2.3 Canada Electronically Scanned Array Market by Component
10.1.6.3 Mexico Electronically Scanned Array Market
10.1.6.3.1 Mexico Electronically Scanned Array Market by Type
10.1.6.3.2 Mexico Electronically Scanned Array Market by Platform
10.1.6.3.3 Mexico Electronically Scanned Array Market by Component
10.2. EUROPE
10.2.1 Europe Electronically Scanned Array Market Overview
10.2.2 Europe Electronically Scanned Array Market Forecasts and Analysis
10.2.3 Europe Electronically Scanned Array Market Forecasts and Analysis - By Type
10.2.4 Europe Electronically Scanned Array Market Forecasts and Analysis - By Platform
10.2.5 Europe Electronically Scanned Array Market Forecasts and Analysis - By Component
10.2.6 Europe Electronically Scanned Array Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Electronically Scanned Array Market
10.2.6.1.1 Germany Electronically Scanned Array Market by Type
10.2.6.1.2 Germany Electronically Scanned Array Market by Platform
10.2.6.1.3 Germany Electronically Scanned Array Market by Component
10.2.6.2 France Electronically Scanned Array Market
10.2.6.2.1 France Electronically Scanned Array Market by Type
10.2.6.2.2 France Electronically Scanned Array Market by Platform
10.2.6.2.3 France Electronically Scanned Array Market by Component
10.2.6.3 Italy Electronically Scanned Array Market
10.2.6.3.1 Italy Electronically Scanned Array Market by Type
10.2.6.3.2 Italy Electronically Scanned Array Market by Platform
10.2.6.3.3 Italy Electronically Scanned Array Market by Component
10.2.6.4 United Kingdom Electronically Scanned Array Market
10.2.6.4.1 United Kingdom Electronically Scanned Array Market by Type
10.2.6.4.2 United Kingdom Electronically Scanned Array Market by Platform
10.2.6.4.3 United Kingdom Electronically Scanned Array Market by Component
10.2.6.5 Russia Electronically Scanned Array Market
10.2.6.5.1 Russia Electronically Scanned Array Market by Type
10.2.6.5.2 Russia Electronically Scanned Array Market by Platform
10.2.6.5.3 Russia Electronically Scanned Array Market by Component
10.2.6.6 Rest of Europe Electronically Scanned Array Market
10.2.6.6.1 Rest of Europe Electronically Scanned Array Market by Type
10.2.6.6.2 Rest of Europe Electronically Scanned Array Market by Platform
10.2.6.6.3 Rest of Europe Electronically Scanned Array Market by Component
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Electronically Scanned Array Market Overview
10.3.2 Asia-Pacific Electronically Scanned Array Market Forecasts and Analysis
10.3.3 Asia-Pacific Electronically Scanned Array Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Electronically Scanned Array Market Forecasts and Analysis - By Platform
10.3.5 Asia-Pacific Electronically Scanned Array Market Forecasts and Analysis - By Component
10.3.6 Asia-Pacific Electronically Scanned Array Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Electronically Scanned Array Market
10.3.6.1.1 Australia Electronically Scanned Array Market by Type
10.3.6.1.2 Australia Electronically Scanned Array Market by Platform
10.3.6.1.3 Australia Electronically Scanned Array Market by Component
10.3.6.2 China Electronically Scanned Array Market
10.3.6.2.1 China Electronically Scanned Array Market by Type
10.3.6.2.2 China Electronically Scanned Array Market by Platform
10.3.6.2.3 China Electronically Scanned Array Market by Component
10.3.6.3 India Electronically Scanned Array Market
10.3.6.3.1 India Electronically Scanned Array Market by Type
10.3.6.3.2 India Electronically Scanned Array Market by Platform
10.3.6.3.3 India Electronically Scanned Array Market by Component
10.3.6.4 Japan Electronically Scanned Array Market
10.3.6.4.1 Japan Electronically Scanned Array Market by Type
10.3.6.4.2 Japan Electronically Scanned Array Market by Platform
10.3.6.4.3 Japan Electronically Scanned Array Market by Component
10.3.6.5 South Korea Electronically Scanned Array Market
10.3.6.5.1 South Korea Electronically Scanned Array Market by Type
10.3.6.5.2 South Korea Electronically Scanned Array Market by Platform
10.3.6.5.3 South Korea Electronically Scanned Array Market by Component
10.3.6.6 Rest of Asia-Pacific Electronically Scanned Array Market
10.3.6.6.1 Rest of Asia-Pacific Electronically Scanned Array Market by Type
10.3.6.6.2 Rest of Asia-Pacific Electronically Scanned Array Market by Platform
10.3.6.6.3 Rest of Asia-Pacific Electronically Scanned Array Market by Component
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Electronically Scanned Array Market Overview
10.4.2 Middle East and Africa Electronically Scanned Array Market Forecasts and Analysis
10.4.3 Middle East and Africa Electronically Scanned Array Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Electronically Scanned Array Market Forecasts and Analysis - By Platform
10.4.5 Middle East and Africa Electronically Scanned Array Market Forecasts and Analysis - By Component
10.4.6 Middle East and Africa Electronically Scanned Array Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Electronically Scanned Array Market
10.4.6.1.1 South Africa Electronically Scanned Array Market by Type
10.4.6.1.2 South Africa Electronically Scanned Array Market by Platform
10.4.6.1.3 South Africa Electronically Scanned Array Market by Component
10.4.6.2 Saudi Arabia Electronically Scanned Array Market
10.4.6.2.1 Saudi Arabia Electronically Scanned Array Market by Type
10.4.6.2.2 Saudi Arabia Electronically Scanned Array Market by Platform
10.4.6.2.3 Saudi Arabia Electronically Scanned Array Market by Component
10.4.6.3 U.A.E Electronically Scanned Array Market
10.4.6.3.1 U.A.E Electronically Scanned Array Market by Type
10.4.6.3.2 U.A.E Electronically Scanned Array Market by Platform
10.4.6.3.3 U.A.E Electronically Scanned Array Market by Component
10.4.6.4 Rest of Middle East and Africa Electronically Scanned Array Market
10.4.6.4.1 Rest of Middle East and Africa Electronically Scanned Array Market by Type
10.4.6.4.2 Rest of Middle East and Africa Electronically Scanned Array Market by Platform
10.4.6.4.3 Rest of Middle East and Africa Electronically Scanned Array Market by Component
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Electronically Scanned Array Market Overview
10.5.2 South and Central America Electronically Scanned Array Market Forecasts and Analysis
10.5.3 South and Central America Electronically Scanned Array Market Forecasts and Analysis - By Type
10.5.4 South and Central America Electronically Scanned Array Market Forecasts and Analysis - By Platform
10.5.5 South and Central America Electronically Scanned Array Market Forecasts and Analysis - By Component
10.5.6 South and Central America Electronically Scanned Array Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Electronically Scanned Array Market
10.5.6.1.1 Brazil Electronically Scanned Array Market by Type
10.5.6.1.2 Brazil Electronically Scanned Array Market by Platform
10.5.6.1.3 Brazil Electronically Scanned Array Market by Component
10.5.6.2 Argentina Electronically Scanned Array Market
10.5.6.2.1 Argentina Electronically Scanned Array Market by Type
10.5.6.2.2 Argentina Electronically Scanned Array Market by Platform
10.5.6.2.3 Argentina Electronically Scanned Array Market by Component
10.5.6.3 Rest of South and Central America Electronically Scanned Array Market
10.5.6.3.1 Rest of South and Central America Electronically Scanned Array Market by Type
10.5.6.3.2 Rest of South and Central America Electronically Scanned Array Market by Platform
10.5.6.3.3 Rest of South and Central America Electronically Scanned Array Market by Component
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. ELECTRONICALLY SCANNED ARRAY MARKET, KEY COMPANY PROFILES
12.1. ISRAEL AEROSPACE INDUSTRIES LTD.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. LEONARDO S.P.A
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. LOCKHEED MARTIN CORPORATION
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. NORTHROP GRUMMAN CORPORATION
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. RADA ELECTRONIC INDUSTRIES LTD.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. ROHDE AND SCHWARZ, INC.
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. SAAB AB
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. SI2 TECHNOLOGIES
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. THALES GROUP
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. THE RAYTHEON COMPANY
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Israel Aerospace Industries Ltd.2. Leonardo S.P.A3. Lockheed Martin Corporation4. Northrop Grumman Corporation5. Rada Electronic Industries Ltd.6. Rohde and Schwarz, Inc.7. Saab AB8. SI2 Technologies9. Thales Group10. The Raytheon Company
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For