[Research Report] The aircraft valve market was valued at US$ 4192.4 million in 2019 and is projected to reach US$ 6084.9 million by 2027; it is expected to grow at a CAGR of 6.2% during 2020–2027.
The global aircraft manufacturing and aftermarket industry is experiencing substantial growth due to increasing demand of commercial and cargo aircraft worldwide. The rising disposable incomes in developing countries and increasing trend of e-commerce are among the key factors driving the demand for these aircraft. The exponentially increasing trend of air travel is constantly is leading to the increased production of aircraft by manufacturers such as Airbus and Boeing. Commercial airplanes are anticipated to maintain a continuous growth over the coming years, regardless of various challenges faced by the commercial airlines, including uncertain fuel prices and other regulatory changes in various countries. Aircraft valves are a critical component used in various types of aircraft, such as wide-body aircraft, narrow-body, and general aviation. The high durability and strength of these lightweight components make them ideal for aerospace applications.
Impact of COVID-19 Pandemic on Aircraft Valve Market
The COVID-19 pandemic has been creating challenges for medical institutions, healthcare institutes, manufacturing units, commercial office premises, shopping complexes, and airports worldwide. According to the latest situation report from the World Health Organization (WHO), the US, Brazil, India, Russia, South Africa, Spain, the UK, Germany, and France are among the worst-affected countries due to the outbreak, which was first reported in Wuhan, China, in December 2019. As per the WHO figures on November 9, 2020, ~19.46 million COVID-19 cases have been diagnosed and ~722,285 deaths have been reported across the world. The COVID-19 crisis is affecting the industries worldwide, and the global economy has taken the worst hit in 2020. As the regions such as North America, Europe and APAC comprise a larger density of aircraft manufacturers and component manufacturers, the outbreak has severely affected their production. The lower strength of manufacturing staff and temporary suspension of production facilities have resulted in lesser production quantity. Boeing, the aviation giant in the region, has witnessed a significant fall in orders and production. In addition to Boeing, other aircraft OEMs such as Bombardier, Textron, and Gulfstream have also experienced the adverse impact of the COVID-19 outbreak. The restrictions on workforce employment, disruption in supply chain, and limited volumes of orders have been limiting the global aircraft valve market growth.
Lucrative Regions in Aircraft Valve Market
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Market Insights–Aircraft Valve Market
Growing Popularity of Low Cost Carrier, and Narrow-Body and Wide-Body Aircraft Fuels Market Growth
Increasing number of airports across geographies due to favorable government policies is anticipated to push the infrastructure development and bring market liberalization in the aviation sector. . The demand for low-cost travel is especially high across developing regions, such as APAC and Africa, which, in turn, is driving their demands for low-cost carriers and ultralow-cost carriers. In the global aviation sector, the low-cost carrier models are flourishing at an impressive rate. With the entry of new players in the aviation market, the competition has increased multifold, and fares have dropped drastically. In Europe, a few of the most prominent airlines are establishing their low-cost subsidiaries to compete with the existing LCCs in this region. The rising demand for aircraft by LCCs drives the demand for aircraft valves that help control the overall operations of aircraft during flight.
Product Type-Based Insights
On the basis of product type, the aircraft valve market is segmented into fuel system valves, hydraulic system valves, air conditioning system valves, lubrication systems valves, and others. The market for lubrication system valves is projected to grow at the highest CAGR during the forecast period.
Aircraft Valve Market, by Product Type (% Share)
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Valve Type-Based Insights
The aircraft valve market, based on valve type, is segmented into pilot valves, poppet valves, flapper-nozzle valves, and others. The poppet valves segment led the aircraft valve market in 2019.
Aircraft Type-Based Insights
On the basis of aircraft type, the aircraft valve market is bifurcated into fixed-wing and rotary-wing; the fixed-wing segment led the market in 2019.
End User-Based Insights
The aircraft valve market, based on end user, is further segmented into OEM and MRO, wherein the OEM segment led the market in 2019.
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Aircraft Valve Market: Strategic Insights
Market Size Value in US$ 4192.4 Million in 2019 Market Size Value by US$ 6084.9 Million by 2027 Growth rate CAGR of 6.2% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Aircraft Valve Market: Strategic Insights
| Market Size Value in | US$ 4192.4 Million in 2019 |
| Market Size Value by | US$ 6084.9 Million by 2027 |
| Growth rate | CAGR of 6.2% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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The aircraft valve market players are mainly focusing on the development of advanced and efficient products.
- In 2020, Collins Aerospace Systems, a Raytheon Technologies Corporation Company, opened a new 140,000 ft2 manufacturing facility in Jacksonville, US.
- In 2020, Honeywell International Inc announced an agreement to collaborate with top MRO service provider—ST Engineering. This collaboration would help it expand its reach, followed by providing customers with dedicated MRO services.
The global aircraft valve market has been segmented as follows:
Aircraft Valve Market – by Product Type
- Fuel System Valves
- Hydraulic System Valves
- Air Conditioning System Valves
- Lubrication System Valves
- Others
Aircraft Valve Market – by Valve Type
- Poppet Valves
- Pilot Valves
- Flapper-Nozzle Valves
- Others
Aircraft Valve Market – by Aircraft Type
- Fixed-Wing
- Rotary-Wing
Aircraft Valve Market – by End User
- OEM
- MRO
Aircraft Valve Market –by Geography
North America
- US
- Canada
- Mexico
Europe
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Asia Pacific (APAC)
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
South America (SAM)
- Brazil
- Rest of SAM
Aircraft Valve Market – Company Profiles
- Collins Aerospace
- Crissair, Inc.
- Eaton Corporation plc
- Honeywell International Inc.
- ITT Inc.
- Meggitt PLC
- Moog Inc.
- Parker Hannifin Corporation
- Safran S.A
- Triumph Group, Inc.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product Type , Valve Type , Aircraft Type , and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Aircraft Valve Market – By Product Type
1.3.2 Aircraft Valve Market – By Valve Type
1.3.3 Aircraft Valve Market – By Aircraft Type
1.3.4 Aircraft Valve Market – By End User
1.3.5 Aircraft Valve Market- By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Aircraft Valve Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Aircraft Valve –Market Dynamics
5.1 Market Drivers
5.1.1 Constant Growth in Shipment Volumes of General Aviation Aircraft Fleet
5.1.2 Shorter Replacement Cycles of Aircraft valve
5.2 Market Restraints
5.2.1 Boeing Setback from B737 Max and Discontinuation of A380 and Boeing 747 Program
5.3 Market Opportunities
5.3.1 Growing Popularity of Low Cost Carriers (LCCs) Airline and Narrow Body and Wide Body Aircraft
5.4 Future Trends
5.4.1 Reduction in Weight of Valves and Aircraft
5.5 Impact Analysis of Drivers and Restraints
6. Aircraft Valve Market – Global Analysis
6.1 Global Aircraft Valve Market Overview
6.2 Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Five Key Players
7. Aircraft Valve Market Analysis – By Product Type
7.1 Overview
7.2 Aircraft Valve Market Breakdown, By Product Type, 2019 & 2027
7.3 Fuel System Valves
7.3.1 Overview
7.3.2 Fuel System Valves: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Hydraulic System Valves
7.4.1 Overview
7.4.2 Hydraulic System Valves: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
7.5 Air Conditioning System Valves
7.5.1 Overview
7.5.2 Air Conditioning System Valves: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
7.6 Lubrication Systems Valves
7.6.1 Overview
7.6.2 Lubrication Systems Valves: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
7.7 Other Valves
7.7.1 Overview
7.7.2 Other Valves: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
8. Aircraft Valve Market Analysis – By Valve Type
8.1 Overview
8.2 Aircraft Valve Market Breakdown, by Valve Type, 2019 & 2027
8.3 Pilot Valves
8.3.1 Overview
8.3.2 Pilot Valves: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Poppet Valves
8.4.1 Overview
8.4.2 Poppet Valves: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million).
8.5 Flapper-Nozzle Valves
8.5.1 Overview
8.5.2 Flapper-Nozzle Valves: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million).
8.6 Others
8.6.1 Overview
8.6.2 Others: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million).
9. Aircraft Valve Market Analysis – By Aircraft Type
9.1 Overview
9.2 Aircraft Valve Market Breakdown, by Aircraft Type, 2019 & 2027
9.3 Fixed-Wing
9.3.1 Overview
9.3.2 Fixed-Wing: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
9.4 Rotary-Wing
9.4.1 Overview
9.4.2 Rotary-Wing: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
10. Aircraft Valve Market Analysis – By End User
10.1 Overview
10.2 Aircraft Valve Market Breakdown, by End User, 2019 & 2027
10.3 OEM
10.3.1 Overview
10.3.2 OEM: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
10.4 Maintenance, Repair, and Overhaul (MRO)
10.4.1 Overview
10.4.2 MRO: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11. Aircraft Valve Market – Geographic Analysis
11.1 Overview
11.2 North America: Aircraft Valve Market
11.2.1 North America: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.2.2 North America: Aircraft Valve Market, By Product Type
11.2.3 North America: Aircraft Valve Market, By Valve Type
11.2.4 North America: Aircraft Valve Market, By Aircraft Type
11.2.5 North America: Aircraft Valve Market, By End User
11.2.6 North America: Aircraft Valve Market, By Country
11.2.6.1 US: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.2.6.1.1 US: Aircraft Valve Market, By Product Type
11.2.6.1.2 US: Aircraft Valve Market, By Valve Type
11.2.6.1.3 US: Aircraft Valve Market, By Aircraft Type
11.2.6.1.4 US: Aircraft Valve Market, By End User
11.2.6.2 Canada: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.2.6.2.1 Canada: Aircraft Valve Market, By Product Type
11.2.6.2.2 Canada: Aircraft Valve Market, By Valve Type
11.2.6.2.3 Canada: Aircraft Valve Market, By Aircraft Type
11.2.6.2.4 Canada: Aircraft Valve Market, By End User
11.2.6.3 Mexico: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.2.6.3.1 Mexico: Aircraft Valve Market, By Product Type
11.2.6.3.2 Mexico: Aircraft Valve Market, By Valve Type
11.2.6.3.3 Mexico: Aircraft Valve Market, By Aircraft Type
11.2.6.3.4 Mexico: Aircraft Valve Market, By End User
11.3 Europe : Aircraft Valve Market
11.3.1 Europe: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.3.2 Europe: Aircraft Valve Market, By Product Type
11.3.3 Europe: Aircraft Valve Market, By Valve Type
11.3.4 Europe: Aircraft Valve Market, By Aircraft Type
11.3.5 Europe: Aircraft Valve Market, By End User
11.3.6 Europe: Aircraft Valve Market, By Country
11.3.6.1 Germany: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.3.6.1.1 Germany: Aircraft Valve Market, By Product Type
11.3.6.1.2 Germany: Aircraft Valve Market, By Valve Type
11.3.6.1.3 Germany: Aircraft Valve Market, By Aircraft Type
11.3.6.1.4 Germany: Aircraft Valve Market, By End User
11.3.6.2 France: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.3.6.2.1 France: Aircraft Valve Market, By Product Type
11.3.6.2.2 France: Aircraft Valve Market, By Valve Type
11.3.6.2.3 France: Aircraft Valve Market, By Aircraft Type
11.3.6.2.4 France: Aircraft Valve Market, By End User
11.3.6.3 Italy: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.3.6.3.1 Italy: Aircraft Valve Market, By Product Type
11.3.6.3.2 Italy: Aircraft Valve Market, By Valve Type
11.3.6.3.3 Italy: Aircraft Valve Market, By Aircraft Type
11.3.6.3.4 Italy: Aircraft Valve Market, By End User
11.3.6.4 UK: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.3.6.4.1 UK: Aircraft Valve Market, By Product Type
11.3.6.4.2 UK: Aircraft Valve Market, By Valve Type
11.3.6.4.3 UK: Aircraft Valve Market, By Aircraft Type
11.3.6.4.4 UK: Aircraft Valve Market, By End User
11.3.6.5 Russia: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.3.6.5.1 Russia: Aircraft Valve Market, By Product Type
11.3.6.5.2 Russia: Aircraft Valve Market, By Valve Type
11.3.6.5.3 Russia: Aircraft Valve Market, By Aircraft Type
11.3.6.5.4 Russia: Aircraft Valve Market, By End User
11.3.6.6 Rest of Europe: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.3.6.6.1 Rest of Europe: Aircraft Valve Market, By Product Type
11.3.6.6.2 Rest of Europe: Aircraft Valve Market, By Valve Type
11.3.6.6.3 Rest of Europe: Aircraft Valve Market, By Aircraft Type
11.3.6.6.4 Rest of Europe: Aircraft Valve Market, By End User
11.4 APAC: Aircraft Valve Market
11.4.1 APAC: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.4.2 APAC: Aircraft Valve Market, By Product Type
11.4.3 APAC: Aircraft Valve Market, By Valve Type
11.4.4 APAC: Aircraft Valve Market, By Aircraft Type
11.4.5 APAC: Aircraft Valve Market, By End User
11.4.6 APAC: Aircraft Valve Market, By Country
11.4.6.1 China: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.4.6.1.1 China: Aircraft Valve Market, By Product Type
11.4.6.1.2 China: Aircraft Valve Market, By Valve Type
11.4.6.1.3 China: Aircraft Valve Market, By Aircraft Type
11.4.6.1.4 China: Aircraft Valve Market, By End User
11.4.6.2 India: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.4.6.2.1 India: Aircraft Valve Market, By Product Type
11.4.6.2.2 India: Aircraft Valve Market, By Valve Type
11.4.6.2.3 India: Aircraft Valve Market, By Aircraft Type
11.4.6.2.4 India: Aircraft Valve Market, By End User
11.4.6.3 Japan: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.4.6.3.1 Japan: Aircraft Valve Market, By Product Type
11.4.6.3.2 Japan: Aircraft Valve Market, By Valve Type
11.4.6.3.3 Japan: Aircraft Valve Market, By Aircraft Type
11.4.6.3.4 Japan: Aircraft Valve Market, By End User
11.4.6.4 South Korea: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.4.6.4.1 South Korea: Aircraft Valve Market, By Product Type
11.4.6.4.2 South Korea: Aircraft Valve Market, By Valve Type
11.4.6.4.3 South Korea: Aircraft Valve Market, By Aircraft Type
11.4.6.4.4 South Korea: Aircraft Valve Market, By End User
11.4.6.5 Australia: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.4.6.5.1 Australia: Aircraft Valve Market, By Product Type
11.4.6.5.2 Australia: Aircraft Valve Market, By Valve Type
11.4.6.5.3 Australia: Aircraft Valve Market, By Aircraft Type
11.4.6.5.4 Australia: Aircraft Valve Market, By End User
11.4.6.6 Rest of APAC: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.4.6.6.1 Rest of APAC: Aircraft Valve Market, By Product Type
11.4.6.6.2 Rest of APAC: Aircraft Valve Market, By Valve Type
11.4.6.6.3 Rest of APAC: Aircraft Valve Market, By Aircraft Type
11.4.6.6.4 Rest of APAC: Aircraft Valve Market, By End User
11.5 MEA: Aircraft Valve Market
11.5.1 MEA: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.5.2 MEA: Aircraft Valve Market, By Product Type
11.5.3 MEA: Aircraft Valve Market, By Valve Type
11.5.4 MEA: Aircraft Valve Market, By Aircraft Type
11.5.5 MEA: Aircraft Valve Market, By End User
11.5.6 MEA: Aircraft Valve Market, By Country
11.5.6.1 South Africa: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.5.6.1.1 South Africa: Aircraft Valve Market, By Product Type
11.5.6.1.2 South Africa: Aircraft Valve Market, By Valve Type
11.5.6.1.3 South Africa: Aircraft Valve Market, By Aircraft Type
11.5.6.1.4 South Africa: Aircraft Valve Market, By End User
11.5.6.2 Saudi Arabia: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.5.6.2.1 Saudi Arabia: Aircraft Valve Market, By Product Type
11.5.6.2.2 Saudi Arabia: Aircraft Valve Market, By Valve Type
11.5.6.2.3 Saudi Arabia: Aircraft Valve Market, By Aircraft Type
11.5.6.2.4 Saudi Arabia: Aircraft Valve Market, By End User
11.5.6.3 UAE: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.5.6.3.1 UAE: Aircraft Valve Market, By Product Type
11.5.6.3.2 UAE: Aircraft Valve Market, By Valve Type
11.5.6.3.3 UAE: Aircraft Valve Market, By Aircraft Type
11.5.6.3.4 UAE: Aircraft Valve Market, By End User
11.5.6.4 Rest of MEA: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.5.6.4.1 Rest of MEA: Aircraft Valve Market, By Product Type
11.5.6.4.2 Rest of MEA: Aircraft Valve Market, By Valve Type
11.5.6.4.3 Rest of MEA: Aircraft Valve Market, By Aircraft Type
11.5.6.4.4 Rest of MEA: Aircraft Valve Market, By End User
11.6 SAM: Aircraft Valve Market
11.6.1 SAM: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.6.2 SAM: Aircraft Valve Market, By Product Type
11.6.3 SAM: Aircraft Valve Market, By Valve Type
11.6.4 SAM: Aircraft Valve Market, By Aircraft Type
11.6.5 SAM: Aircraft Valve Market, By End User
11.6.6 SAM: Aircraft Valve Market, By Country
11.6.6.1 Brazil: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.6.6.1.1 Brazil: Aircraft Valve Market, By Product Type
11.6.6.1.2 Brazil: Aircraft Valve Market, By Valve Type
11.6.6.1.3 Brazil: Aircraft Valve Market, By Aircraft Type
11.6.6.1.4 Brazil: Aircraft Valve Market, By End User
11.6.6.2 Rest of SAM: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
11.6.6.2.1 Rest of SAM: Aircraft Valve Market, By Product Type
11.6.6.2.2 Rest of SAM: Aircraft Valve Market, By Valve Type
11.6.6.2.3 Rest of SAM: Aircraft Valve Market, By Aircraft Type
11.6.6.2.4 Rest of SAM: Aircraft Valve Market, By End User
12. Aircraft Valve Market- COVID-19 Impact Analysis
12.1 Overview
12.2 North America
12.3 Europe
12.4 Asia-Pacific
12.5 Middle East and Africa
12.6 South America
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 Merger and Acquisition
14. Company Profiles
14.1 Collins Aerospace, a Raytheon Technologies Corporation Company
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Crissair, Inc.
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Eaton Corporation plc
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Honeywell International Inc.
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 ITT Inc.
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Meggitt PLC
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Moog Inc.
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Parker Hannifin Corporation
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Safran S.A
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Triumph Group, Inc.
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Word Index
LIST OF TABLES
Table 1. Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. North America Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 3. North America Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 4. North America Aircraft Valve Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 5. North America Aircraft Valve Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 6. US Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 7. US Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 8. US Aircraft Valve Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 9. US Aircraft Valve Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 10. Canada Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 11. Canada Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 12. Canada Aircraft Valve Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 13. Canada Aircraft Valve Market, By End User– Revenue and Forecast to 2027 (US$ Million)
Table 14. Mexico Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 15. Mexico Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 16. Mexico Aircraft Valve Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 17. Mexico Aircraft Valve Market, By End User– Revenue and Forecast to 2027 (US$ Million)
Table 18. Europe Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 19. Europe Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 20. Europe Aircraft Valve Market, By Aircraft Type– Revenue and Forecast to 2027 (US$ Million)
Table 21. Europe Aircraft Valve Market, By End User– Revenue and Forecast to 2027 (US$ Million)
Table 22. Germany Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 23. Germany Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 24. Germany Aircraft Valve Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 25. Germany Aircraft Valve Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 26. France Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 27. France Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 28. France Aircraft Valve Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 29. France Aircraft Valve Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 30. Italy Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 31. Italy Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 32. Italy Aircraft Valve Market, By Aircraft Type– Revenue and Forecast to 2027 (US$ Million)
Table 33. Italy Aircraft Valve Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 34. UK Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 35. UK Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 36. UK Aircraft Valve Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 37. UK Aircraft Valve Market, By End User– Revenue and Forecast to 2027 (US$ Million)
Table 38. Russia Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 39. Russia Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 40. Russia Aircraft Valve Market, By Aircraft Type– Revenue and Forecast to 2027 (US$ Million)
Table 41. Russia Aircraft Valve Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 42. Rest of Europe Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 43. Rest of Europe Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 44. Rest of Europe Aircraft Valve Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 45. Rest of Europe Aircraft Valve Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 46. APAC Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 47. APAC Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 48. APAC Aircraft Valve Market, By Aircraft Type– Revenue and Forecast to 2027 (US$ Million)
Table 49. APAC Aircraft Valve Market, By End User– Revenue and Forecast to 2027 (US$ Million)
Table 50. China Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 51. China Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 52. China Aircraft Valve Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 53. China Aircraft Valve Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 54. India Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 55. India Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 56. India Aircraft Valve Market, By Aircraft Type– Revenue and Forecast to 2027 (US$ Million)
Table 57. India Aircraft Valve Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 58. Japan Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 59. Japan Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 60. Japan Aircraft Valve Market, By Aircraft Type– Revenue and Forecast to 2027 (US$ Million)
Table 61. Japan Aircraft Valve Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 62. South Korea Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 63. South Korea Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 64. South Korea Aircraft Valve Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 65. South Korea Aircraft Valve Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 66. Australia Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 67. Australia Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 68. Australia Aircraft Valve Market, By Aircraft Type– Revenue and Forecast to 2027 (US$ Million)
Table 69. Australia Aircraft Valve Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 70. Rest of APAC Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 71. Rest of APAC Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 72. Rest of APAC Aircraft Valve Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 73. Rest Of APAC Aircraft Valve Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 74. MEA Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 75. MEA Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 76. MEA Aircraft Valve Market, By Aircraft Type– Revenue and Forecast to 2027 (US$ Million)
Table 77. MEA Aircraft Valve Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 78. South Africa Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 79. South Africa Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 80. South Africa Aircraft Valve Market, By Aircraft Type– Revenue and Forecast to 2027 (US$ Million)
Table 81. South Africa Aircraft Valve Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 82. Saudi Arabia Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 83. Saudi Arabia Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 84. Saudi Arabia Aircraft Valve Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 85. Saudi Arabia Aircraft Valve Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 86. UAE Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 87. UAE Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 88. UAE Aircraft Valve Market, By Aircraft Type– Revenue and Forecast to 2027 (US$ Million)
Table 89. UAE Aircraft Valve Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 90. Rest of MEA Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 91. Rest of MEA Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 92. Rest of MEA Aircraft Valve Market, By Aircraft Type– Revenue and Forecast to 2027 (US$ Million)
Table 93. Rest Of MEA Aircraft Valve Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 94. SAM Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 95. SAM Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 96. SAM Aircraft Valve Market, By Aircraft Type– Revenue and Forecast to 2027 (US$ Million)
Table 97. SAM Aircraft Valve Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 98. Brazil Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 99. Brazil Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 100. Brazil Aircraft Valve Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 101. Brazil Aircraft Valve Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 102. Rest of SAM Aircraft Valve Market, By Product Type– Revenue and Forecast to 2027 (US$ Million)
Table 103. Rest of SAM Aircraft Valve Market, By Valve Type– Revenue and Forecast to 2027 (US$ Million)
Table 104. Rest of SAM Aircraft Valve Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 105. Rest Of SAM Aircraft Valve Market, By End User – Revenue and Forecast to 2027 (US$ Million)
Table 106. List of Abbreviation
LIST OF FIGURES
Figure 1. Aircraft Valve Market Segmentation
Figure 2. Aircraft Valve Market Segmentation – By Geography
Figure 3. Global Aircraft Valve Market Overview
Figure 4. Fuel System Valves Segment Held the Largest Market Share
Figure 5. Poppet Valve Segment Held the Largest Market Share
Figure 6. Fixed-Wing Type held the Largest Market Share
Figure 7. OEM End-User Sector held the Largest Share
Figure 8. APAC to Show Great Traction During Forecast Period
Figure 9. Porter’s Five Forces Analysis
Figure 10. Aircraft Valve Market– Ecosystem Analysis
Figure 11. Expert Opinion
Figure 12. Aircraft Valve Market Impact Analysis of Drivers and Restraints
Figure 13. Geographic Overview of Aircraft Valve Market
Figure 14. Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. Aircraft Valve Market Breakdown, By Product Type (2019 and 2027)
Figure 16. Fuel System Valves: Aircraft Valve Market – Revenue and Forecast to 2027(US$ Million)
Figure 17. Hydraulic System Valves: Aircraft Valve Market – Revenue and Forecast to 2027(US$ Million)
Figure 18. Air Conditioning System Valves: Aircraft Valve Market – Revenue and Forecast to 2027(US$ Million)
Figure 19. Lubrication Systems Valves: Aircraft Valve Market – Revenue and Forecast to 2027(US$ Million)
Figure 20. Other Valves: Aircraft Valve Market – Revenue and Forecast to 2027(US$ Million)
Figure 21. Aircraft Valve Market Breakdown, by Valve Type (2019 and 2027)
Figure 22. Pilot Valves: Aircraft Valve Market – Revenue and Forecast to 2027(US$ Million)
Figure 23. Poppet Valves: Aircraft Valve Market – Revenue and Forecast to 2027(US$ Million)
Figure 24. Flapper-Nozzle Valves: Aircraft Valve Market – Revenue and Forecast to 2027(US$ Million)
Figure 25. Others: Aircraft Valve Market – Revenue and Forecast to 2027(US$ Million)
Figure 26. Aircraft Valve Market Breakdown, by Aircraft Type (2019 and 2027)
Figure 27. Fixed-Wing: Aircraft Valve Market – Revenue and Forecast To 2027(US$ Million)
Figure 28. Rotary-Wing: Aircraft Valve Market – Revenue and Forecast To 2027(US$ Million)
Figure 29. Aircraft Valve Market Breakdown, by End User (2019 and 2027)
Figure 30. OEM: Aircraft Valve Market – Revenue and Forecast to 2027(US$ Million)
Figure 31. MRO: Aircraft Valve Market – Revenue and Forecast to 2027(US$ Million)
Figure 32. Global Aircraft Valve Market Revenue Share, By Region (2019 and 2027)
Figure 33. North America: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 34. North America Aircraft Valve Market Revenue Share, By Product Type (2019 and 2027)
Figure 35. North America Aircraft Valve Market Revenue Share, By Valve Type (2019 and 2027)
Figure 36. North America Aircraft Valve Market Revenue Share, By Aircraft Type (2019 and 2027)
Figure 37. North America Aircraft Valve Market Revenue Share, By End User (2019 and 2027)
Figure 38. North America Aircraft Valve Market Revenue Share, By Country (2019 and 2027)
Figure 39. US: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 40. Canada: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 41. Mexico: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 42. Europe: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 43. Europe: Aircraft Valve Market Revenue Share, By Product Type (2019 and 2027)
Figure 44. Europe: Aircraft Valve Market Revenue Share, By Valve Type (2019 and 2027)
Figure 45. Europe: Aircraft Valve Market Revenue Share, By Aircraft Type (2019 and 2027)
Figure 46. Europe: Aircraft Valve Market Revenue Share, By End User (2019 and 2027)
Figure 47. Europe: Aircraft Valve Market Revenue Share, By Country (2019 and 2027)
Figure 48. Germany: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 49. France: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 50. Italy: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 51. UK: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 52. Russia: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 53. Rest of Europe: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 54. APAC: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 55. APAC: Aircraft Valve Market Revenue Share, By Product Type (2019 and 2027)
Figure 56. APAC: Aircraft Valve Market Revenue Share, By Valve Type (2019 and 2027)
Figure 57. APAC: Aircraft Valve Market Revenue Share, By Aircraft Type (2019 and 2027)
Figure 58. APAC: Aircraft Valve Market Revenue Share, By End User (2019 and 2027)
Figure 59. APAC: Aircraft Valve Market Revenue Share, By Country (2019 and 2027)
Figure 60. China: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 61. India: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 62. Japan: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 63. South Korea: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 64. Australia: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 65. Rest of APAC: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 66. MEA: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 67. MEA: Aircraft Valve Market Revenue Share, By Product Type (2019 and 2027)
Figure 68. MEA: Aircraft Valve Market Revenue Share, By Valve Type (2019 and 2027)
Figure 69. MEA: Aircraft Valve Market Revenue Share, By Aircraft Type (2019 and 2027)
Figure 70. MEA: Aircraft Valve Market Revenue Share, By End User (2019 and 2027)
Figure 71. MEA: Aircraft Valve Market Revenue Share, By Country (2019 and 2027)
Figure 72. South Africa: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 73. Saudi Arabia: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 74. UAE: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 75. Rest of MEA: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 76. SAM: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 77. SAM: Aircraft Valve Market Revenue Share, By Product Type (2019 and 2027)
Figure 78. SAM: Aircraft Valve Market Revenue Share, By Valve Type (2019 and 2027)
Figure 79. SAM: Aircraft Valve Market Revenue Share, By Aircraft Type (2019 and 2027)
Figure 80. SAM: Aircraft Valve Market Revenue Share, By End User (2019 and 2027)
Figure 81. SAM: Aircraft Valve Market Revenue Share, By Country (2019 and 2027)
Figure 82. Brazil: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 83. Rest of SAM: Aircraft Valve Market – Revenue and Forecast to 2027 (US$ Million)
Figure 84. Impact of COVID-19 Pandemic in North American Country Markets
Figure 85. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 86. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 87. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 88. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Aircraft Valve Market
- Collins Aerospace, a Raytheon Technologies Corporation Company
- Crissair, Inc.
- Eaton Corporation plc
- Honeywell International Inc.
- ITT Inc.
- Meggitt PLC
- Moog Inc.
- Parker Hannifin Corporation
- Safran S.A
- Triumph Group, Inc.
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.
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