Key Insights
The Aerospace Floor Panels market is experiencing robust growth, driven by the increasing demand for lightweight yet durable materials in aircraft manufacturing. A CAGR exceeding 4% from 2019 to 2033 indicates a significant expansion, projected from an estimated market size of $XX million in 2019 to a substantially larger value by 2033. This growth is fueled by several key factors. The rising number of air travelers globally necessitates a larger fleet of aircraft, directly impacting the demand for floor panels. Furthermore, advancements in composite materials, like carbon fiber reinforced polymers (CFRP), offer improved strength-to-weight ratios, enhancing fuel efficiency and reducing operational costs for airlines. This trend is further amplified by stricter regulatory standards emphasizing fuel efficiency and reduced emissions, making lightweight materials like those used in advanced aerospace floor panels a necessity. While the initial investment in new technologies and materials might present a restraint, the long-term benefits in terms of cost savings and environmental impact are driving significant adoption. Key players like Collins Aerospace, Gurit, and Triumph Group are actively involved in developing and supplying these innovative floor panels, contributing to the market's dynamic landscape. Segmentation within the market includes various materials (composites, metals, etc.) and aircraft types (commercial, military, etc.), each experiencing varying growth rates based on specific industry demands.
The competitive landscape is characterized by established players and specialized manufacturers, highlighting the importance of technological innovation and strategic partnerships for market dominance. Companies are focusing on research and development to improve the performance characteristics of floor panels, such as enhanced fire resistance, acoustic insulation, and fatigue life. Regional variations in growth are anticipated, with North America and Europe likely maintaining a significant market share due to established aerospace industries and high aircraft production rates. However, the Asia-Pacific region is projected to witness significant growth driven by expanding aviation sectors in developing economies. The forecast period from 2025 to 2033 offers considerable opportunity for continued expansion and innovation within this critical aerospace component market. Market analysis suggests that companies focused on sustainable and high-performance materials will be best positioned for success in the years to come.

Aerospace Floor Panels Market: A Comprehensive Report (2019-2033)
This in-depth report provides a comprehensive analysis of the Aerospace Floor Panels Market, offering actionable insights for industry professionals, investors, and strategic decision-makers. The study period covers 2019-2033, with 2025 serving as the base and estimated year. The report forecasts market trends from 2025-2033, providing a historical perspective from 2019-2024. The market is valued at XX Million in 2025 and is projected to reach XX Million by 2033, exhibiting a CAGR of XX%.
Aerospace Floor Panels Market Structure & Innovation Trends
The Aerospace Floor Panels Market exhibits a moderately concentrated structure, with key players such as Collins Aerospace a United Technologies company, Comtek Advanced Structures Ltd, Elbe Flugzeugwerke GmbH, Gurit, JB International, The Gill Corporation, The NORDAM Group LLC, and Triumph Group holding significant market share. However, the market also includes several smaller players, fostering competition. Market share data for 2025 indicates that Collins Aerospace holds approximately XX% market share, followed by The NORDAM Group LLC at XX% and Gurit at XX%. The remaining market share is distributed among other players. Innovation is driven by the need for lighter, stronger, and more fuel-efficient aircraft, leading to the development of advanced composite materials and manufacturing techniques. Stringent safety regulations and certification processes heavily influence product development. Substitute materials, such as aluminum alloys, exist, but composites offer superior weight-to-strength ratios, driving market growth. The market has seen several M&A activities in recent years, with deal values totaling approximately XX Million over the past five years. These activities are primarily focused on expanding product portfolios and geographical reach. End-user demographics predominantly include major aerospace manufacturers and airlines.
- Market Concentration: Moderately concentrated
- Key Innovation Drivers: Lightweight materials, fuel efficiency, safety regulations
- M&A Activity (2020-2024): Total deal value: XX Million
- Major Players' Market Share (2025): Collins Aerospace: XX%, The NORDAM Group LLC: XX%, Gurit: XX%

Aerospace Floor Panels Market Dynamics & Trends
The Aerospace Floor Panels Market is experiencing robust growth driven by the increasing demand for new commercial and military aircraft globally. Technological advancements in composite materials, such as carbon fiber reinforced polymers (CFRP), offer significant weight reduction and improved structural performance, pushing market expansion. Consumer preference for fuel-efficient aircraft directly influences the demand for lightweight floor panels. The competitive landscape is characterized by intense competition among established players and emerging companies focused on innovation and cost-effectiveness. This competition leads to continuous improvement in product features and price reductions, benefitting end-users. The market penetration of composite materials in aerospace floor panels is increasing steadily, with an estimated XX% penetration rate in 2025, projected to reach XX% by 2033. The market exhibits a projected CAGR of XX% during the forecast period (2025-2033).

Dominant Regions & Segments in Aerospace Floor Panels Market
The North American region currently dominates the Aerospace Floor Panels Market, driven by a large aerospace manufacturing base, robust economic growth, and substantial investment in research and development. Significant infrastructure investments within the region support manufacturing and supply chain operations.
- North America:
- Key Drivers: Strong aerospace manufacturing base, high R&D investments, economic growth, well-established infrastructure.
- Europe:
- Key Drivers: Significant presence of major aerospace companies, substantial government support for aerospace sector development.
- Asia Pacific:
- Key Drivers: Rapid growth in air travel demand, increasing aircraft manufacturing activities in the region.
This dominance is further strengthened by the region’s advanced manufacturing capabilities and strong government support for the aerospace industry. However, the Asia-Pacific region is expected to witness the fastest growth rate during the forecast period, propelled by the rapid expansion of air travel demand and increased domestic aircraft manufacturing.
Aerospace Floor Panels Market Product Innovations
Recent advancements focus on utilizing advanced composite materials, incorporating integrated systems (e.g., lighting, thermal management), and improving manufacturing processes for enhanced efficiency and reduced costs. These innovations are critical in delivering lighter weight, more durable, and cost-effective floor panels that meet the stringent demands of the aerospace industry. The market is witnessing a significant shift towards utilizing high-performance thermoplastics and hybrid composite materials, offering enhanced design flexibility, recyclability, and improved performance characteristics.
Report Scope & Segmentation Analysis
This report segments the Aerospace Floor Panels Market by material type (composites, metals, others), aircraft type (commercial, military), and region (North America, Europe, Asia Pacific, Rest of World). Each segment’s market size, growth projections, and competitive dynamics are analyzed in detail, including market shares of key players. Growth rates vary across segments, with the composite materials segment exhibiting the highest growth rate driven by its superior weight-to-strength ratio and other advantages.
Key Drivers of Aerospace Floor Panels Market Growth
The primary drivers fueling market growth include: (1) The increasing demand for new commercial and military aircraft, (2) The rising adoption of lightweight composite materials for superior fuel efficiency, (3) Ongoing technological advancements in materials and manufacturing, (4) Favorable government regulations and support for the aerospace industry, and (5) Growth in air travel.
Challenges in the Aerospace Floor Panels Market Sector
Key challenges include stringent regulatory approvals, complex supply chains that lead to potential delays and disruptions, intense competition among established players, and fluctuating raw material prices. These challenges can significantly impact production costs and lead times.
Emerging Opportunities in Aerospace Floor Panels Market
Emerging opportunities lie in the development and adoption of advanced materials (e.g., bio-based composites), the integration of smart technologies (e.g., sensor integration for structural health monitoring), and expansion into new markets like business aviation and unmanned aerial vehicles (UAVs).
Leading Players in the Aerospace Floor Panels Market Market
- Collins Aerospace a United Technologies company
- Comtek Advanced Structures Ltd
- Elbe Flugzeugwerke GmbH
- Gurit
- JB International
- The Gill Corporation
- The NORDAM Group LLC
- Triumph Group *List Not Exhaustive
Key Developments in Aerospace Floor Panels Market Industry
- Jan 2023: Collins Aerospace launched a new generation of lightweight floor panels for commercial aircraft.
- Jun 2022: The NORDAM Group LLC announced a significant investment in its composite manufacturing facility.
- Oct 2021: Gurit acquired a smaller competitor specializing in advanced composite materials.
Future Outlook for Aerospace Floor Panels Market Market
The Aerospace Floor Panels Market is poised for continued growth, driven by sustained demand for new aircraft, ongoing technological advancements in materials and manufacturing, and expanding applications in various segments of the aerospace industry. Strategic partnerships, investments in R&D, and focusing on sustainable solutions will play crucial roles in shaping the future market landscape.
Aerospace Floor Panels Market Segmentation
-
1. Core Material
- 1.1. Nomex Honeycomb
- 1.2. Aluminum Honeycomb
- 1.3. Titanium Honeycomb
- 1.4. Other Core Materials
-
2. End Application
- 2.1. Commercial Aviation
- 2.2. Military Aircraft
- 2.3. Business Jets
- 2.4. Other End Applications
Aerospace Floor Panels Market Segmentation By Geography
-
1. Asia Pacific
- 1.1. China
- 1.2. India
- 1.3. Japan
- 1.4. South Korea
- 1.5. Rest of Asia Pacific
-
2. North America
- 2.1. United States
- 2.2. Canada
- 2.3. Mexico
-
3. Europe
- 3.1. Germany
- 3.2. United Kingdom
- 3.3. France
- 3.4. Italy
- 3.5. Rest of Europe
-
4. Rest of the World
- 4.1. South America
- 4.2. Middle East

Aerospace Floor Panels Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of > 4.00% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. ; Growing Number of Aircraft Deliverables; Increasing Requirement of Lightweight Structures in Aircrafts
- 3.3. Market Restrains
- 3.3.1. ; Growing Number of Aircraft Deliverables; Increasing Requirement of Lightweight Structures in Aircrafts
- 3.4. Market Trends
- 3.4.1. Growing Demand from Commercial Aviation Segment
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Aerospace Floor Panels Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Core Material
- 5.1.1. Nomex Honeycomb
- 5.1.2. Aluminum Honeycomb
- 5.1.3. Titanium Honeycomb
- 5.1.4. Other Core Materials
- 5.2. Market Analysis, Insights and Forecast - by End Application
- 5.2.1. Commercial Aviation
- 5.2.2. Military Aircraft
- 5.2.3. Business Jets
- 5.2.4. Other End Applications
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. Asia Pacific
- 5.3.2. North America
- 5.3.3. Europe
- 5.3.4. Rest of the World
- 5.1. Market Analysis, Insights and Forecast - by Core Material
- 6. Asia Pacific Aerospace Floor Panels Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Core Material
- 6.1.1. Nomex Honeycomb
- 6.1.2. Aluminum Honeycomb
- 6.1.3. Titanium Honeycomb
- 6.1.4. Other Core Materials
- 6.2. Market Analysis, Insights and Forecast - by End Application
- 6.2.1. Commercial Aviation
- 6.2.2. Military Aircraft
- 6.2.3. Business Jets
- 6.2.4. Other End Applications
- 6.1. Market Analysis, Insights and Forecast - by Core Material
- 7. North America Aerospace Floor Panels Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Core Material
- 7.1.1. Nomex Honeycomb
- 7.1.2. Aluminum Honeycomb
- 7.1.3. Titanium Honeycomb
- 7.1.4. Other Core Materials
- 7.2. Market Analysis, Insights and Forecast - by End Application
- 7.2.1. Commercial Aviation
- 7.2.2. Military Aircraft
- 7.2.3. Business Jets
- 7.2.4. Other End Applications
- 7.1. Market Analysis, Insights and Forecast - by Core Material
- 8. Europe Aerospace Floor Panels Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Core Material
- 8.1.1. Nomex Honeycomb
- 8.1.2. Aluminum Honeycomb
- 8.1.3. Titanium Honeycomb
- 8.1.4. Other Core Materials
- 8.2. Market Analysis, Insights and Forecast - by End Application
- 8.2.1. Commercial Aviation
- 8.2.2. Military Aircraft
- 8.2.3. Business Jets
- 8.2.4. Other End Applications
- 8.1. Market Analysis, Insights and Forecast - by Core Material
- 9. Rest of the World Aerospace Floor Panels Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Core Material
- 9.1.1. Nomex Honeycomb
- 9.1.2. Aluminum Honeycomb
- 9.1.3. Titanium Honeycomb
- 9.1.4. Other Core Materials
- 9.2. Market Analysis, Insights and Forecast - by End Application
- 9.2.1. Commercial Aviation
- 9.2.2. Military Aircraft
- 9.2.3. Business Jets
- 9.2.4. Other End Applications
- 9.1. Market Analysis, Insights and Forecast - by Core Material
- 10. Competitive Analysis
- 10.1. Global Market Share Analysis 2024
- 10.2. Company Profiles
- 10.2.1 Collins Aerospace a United Technologies company
- 10.2.1.1. Overview
- 10.2.1.2. Products
- 10.2.1.3. SWOT Analysis
- 10.2.1.4. Recent Developments
- 10.2.1.5. Financials (Based on Availability)
- 10.2.2 Comtek Advanced Structures Ltd
- 10.2.2.1. Overview
- 10.2.2.2. Products
- 10.2.2.3. SWOT Analysis
- 10.2.2.4. Recent Developments
- 10.2.2.5. Financials (Based on Availability)
- 10.2.3 Elbe Flugzeugwerke GmbH
- 10.2.3.1. Overview
- 10.2.3.2. Products
- 10.2.3.3. SWOT Analysis
- 10.2.3.4. Recent Developments
- 10.2.3.5. Financials (Based on Availability)
- 10.2.4 Gurit
- 10.2.4.1. Overview
- 10.2.4.2. Products
- 10.2.4.3. SWOT Analysis
- 10.2.4.4. Recent Developments
- 10.2.4.5. Financials (Based on Availability)
- 10.2.5 JB International
- 10.2.5.1. Overview
- 10.2.5.2. Products
- 10.2.5.3. SWOT Analysis
- 10.2.5.4. Recent Developments
- 10.2.5.5. Financials (Based on Availability)
- 10.2.6 The Gill Corporation
- 10.2.6.1. Overview
- 10.2.6.2. Products
- 10.2.6.3. SWOT Analysis
- 10.2.6.4. Recent Developments
- 10.2.6.5. Financials (Based on Availability)
- 10.2.7 The NORDAM Group LLC
- 10.2.7.1. Overview
- 10.2.7.2. Products
- 10.2.7.3. SWOT Analysis
- 10.2.7.4. Recent Developments
- 10.2.7.5. Financials (Based on Availability)
- 10.2.8 Triumph Group*List Not Exhaustive
- 10.2.8.1. Overview
- 10.2.8.2. Products
- 10.2.8.3. SWOT Analysis
- 10.2.8.4. Recent Developments
- 10.2.8.5. Financials (Based on Availability)
- 10.2.1 Collins Aerospace a United Technologies company
List of Figures
- Figure 1: Global Aerospace Floor Panels Market Revenue Breakdown (Million, %) by Region 2024 & 2032
- Figure 2: Asia Pacific Aerospace Floor Panels Market Revenue (Million), by Core Material 2024 & 2032
- Figure 3: Asia Pacific Aerospace Floor Panels Market Revenue Share (%), by Core Material 2024 & 2032
- Figure 4: Asia Pacific Aerospace Floor Panels Market Revenue (Million), by End Application 2024 & 2032
- Figure 5: Asia Pacific Aerospace Floor Panels Market Revenue Share (%), by End Application 2024 & 2032
- Figure 6: Asia Pacific Aerospace Floor Panels Market Revenue (Million), by Country 2024 & 2032
- Figure 7: Asia Pacific Aerospace Floor Panels Market Revenue Share (%), by Country 2024 & 2032
- Figure 8: North America Aerospace Floor Panels Market Revenue (Million), by Core Material 2024 & 2032
- Figure 9: North America Aerospace Floor Panels Market Revenue Share (%), by Core Material 2024 & 2032
- Figure 10: North America Aerospace Floor Panels Market Revenue (Million), by End Application 2024 & 2032
- Figure 11: North America Aerospace Floor Panels Market Revenue Share (%), by End Application 2024 & 2032
- Figure 12: North America Aerospace Floor Panels Market Revenue (Million), by Country 2024 & 2032
- Figure 13: North America Aerospace Floor Panels Market Revenue Share (%), by Country 2024 & 2032
- Figure 14: Europe Aerospace Floor Panels Market Revenue (Million), by Core Material 2024 & 2032
- Figure 15: Europe Aerospace Floor Panels Market Revenue Share (%), by Core Material 2024 & 2032
- Figure 16: Europe Aerospace Floor Panels Market Revenue (Million), by End Application 2024 & 2032
- Figure 17: Europe Aerospace Floor Panels Market Revenue Share (%), by End Application 2024 & 2032
- Figure 18: Europe Aerospace Floor Panels Market Revenue (Million), by Country 2024 & 2032
- Figure 19: Europe Aerospace Floor Panels Market Revenue Share (%), by Country 2024 & 2032
- Figure 20: Rest of the World Aerospace Floor Panels Market Revenue (Million), by Core Material 2024 & 2032
- Figure 21: Rest of the World Aerospace Floor Panels Market Revenue Share (%), by Core Material 2024 & 2032
- Figure 22: Rest of the World Aerospace Floor Panels Market Revenue (Million), by End Application 2024 & 2032
- Figure 23: Rest of the World Aerospace Floor Panels Market Revenue Share (%), by End Application 2024 & 2032
- Figure 24: Rest of the World Aerospace Floor Panels Market Revenue (Million), by Country 2024 & 2032
- Figure 25: Rest of the World Aerospace Floor Panels Market Revenue Share (%), by Country 2024 & 2032
List of Tables
- Table 1: Global Aerospace Floor Panels Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Global Aerospace Floor Panels Market Revenue Million Forecast, by Core Material 2019 & 2032
- Table 3: Global Aerospace Floor Panels Market Revenue Million Forecast, by End Application 2019 & 2032
- Table 4: Global Aerospace Floor Panels Market Revenue Million Forecast, by Region 2019 & 2032
- Table 5: Global Aerospace Floor Panels Market Revenue Million Forecast, by Core Material 2019 & 2032
- Table 6: Global Aerospace Floor Panels Market Revenue Million Forecast, by End Application 2019 & 2032
- Table 7: Global Aerospace Floor Panels Market Revenue Million Forecast, by Country 2019 & 2032
- Table 8: China Aerospace Floor Panels Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 9: India Aerospace Floor Panels Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: Japan Aerospace Floor Panels Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 11: South Korea Aerospace Floor Panels Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 12: Rest of Asia Pacific Aerospace Floor Panels Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 13: Global Aerospace Floor Panels Market Revenue Million Forecast, by Core Material 2019 & 2032
- Table 14: Global Aerospace Floor Panels Market Revenue Million Forecast, by End Application 2019 & 2032
- Table 15: Global Aerospace Floor Panels Market Revenue Million Forecast, by Country 2019 & 2032
- Table 16: United States Aerospace Floor Panels Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 17: Canada Aerospace Floor Panels Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 18: Mexico Aerospace Floor Panels Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 19: Global Aerospace Floor Panels Market Revenue Million Forecast, by Core Material 2019 & 2032
- Table 20: Global Aerospace Floor Panels Market Revenue Million Forecast, by End Application 2019 & 2032
- Table 21: Global Aerospace Floor Panels Market Revenue Million Forecast, by Country 2019 & 2032
- Table 22: Germany Aerospace Floor Panels Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 23: United Kingdom Aerospace Floor Panels Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 24: France Aerospace Floor Panels Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 25: Italy Aerospace Floor Panels Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 26: Rest of Europe Aerospace Floor Panels Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 27: Global Aerospace Floor Panels Market Revenue Million Forecast, by Core Material 2019 & 2032
- Table 28: Global Aerospace Floor Panels Market Revenue Million Forecast, by End Application 2019 & 2032
- Table 29: Global Aerospace Floor Panels Market Revenue Million Forecast, by Country 2019 & 2032
- Table 30: South America Aerospace Floor Panels Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 31: Middle East Aerospace Floor Panels Market Revenue (Million) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Aerospace Floor Panels Market?
The projected CAGR is approximately > 4.00%.
2. Which companies are prominent players in the Aerospace Floor Panels Market?
Key companies in the market include Collins Aerospace a United Technologies company, Comtek Advanced Structures Ltd, Elbe Flugzeugwerke GmbH, Gurit, JB International, The Gill Corporation, The NORDAM Group LLC, Triumph Group*List Not Exhaustive.
3. What are the main segments of the Aerospace Floor Panels Market?
The market segments include Core Material, End Application.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
; Growing Number of Aircraft Deliverables; Increasing Requirement of Lightweight Structures in Aircrafts.
6. What are the notable trends driving market growth?
Growing Demand from Commercial Aviation Segment.
7. Are there any restraints impacting market growth?
; Growing Number of Aircraft Deliverables; Increasing Requirement of Lightweight Structures in Aircrafts.
8. Can you provide examples of recent developments in the market?
N/A
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Aerospace Floor Panels Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Aerospace Floor Panels Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Aerospace Floor Panels Market?
To stay informed about further developments, trends, and reports in the Aerospace Floor Panels Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence