Key Insights
The European Aircraft Maintenance, Repair, and Overhaul (MRO) market, valued at €10.82 billion in 2025, is poised for steady growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 3.42% from 2025 to 2033. This growth is fueled by several key factors. The increasing age of the European commercial aircraft fleet necessitates significant MRO services to ensure continued airworthiness and operational efficiency. Furthermore, the region's robust air travel industry and a growing demand for both passenger and cargo transportation are major drivers. Stringent safety regulations and the increasing focus on preventative maintenance also contribute to market expansion. The market is segmented by MRO type (engine, components, airframe, and other) and aircraft type (commercial, military, and general aviation), with commercial aircraft MRO currently holding the largest share. Competitive dynamics are shaped by a mix of large multinational corporations like Airbus SE, Safran SA, and Rolls-Royce Holding PLC, alongside regional specialists and independent MRO providers. Germany, France, and the United Kingdom are the leading markets within Europe, benefiting from established infrastructure and a concentration of major airlines and aircraft manufacturers. However, challenges remain, including fluctuations in fuel prices impacting airline profitability and potentially delaying MRO investments, and the ongoing impact of geopolitical instability on air travel demand.
The forecast period (2025-2033) anticipates continued growth, though potentially at a slightly moderated pace compared to previous years. This moderation might be influenced by economic uncertainties and the ongoing evolution of technological advancements impacting maintenance strategies. Nevertheless, the long-term outlook remains positive, driven by the sustained demand for air travel within Europe and the consequent requirement for efficient and reliable MRO services. The market's segmentation offers diverse investment opportunities, with potential for specialized MRO providers to focus on niche aircraft types or specific maintenance services. Strategic partnerships and technological innovation (e.g., predictive maintenance) are expected to play crucial roles in shaping future market competition and driving efficiency gains. Focusing on sustainable practices and reducing environmental impact will become increasingly important for MRO providers seeking to maintain market competitiveness and attract environmentally conscious airlines.
Europe Aircraft MRO Market Report: 2019-2033 Forecast
This comprehensive report provides a detailed analysis of the Europe Aircraft Maintenance, Repair, and Overhaul (MRO) market, offering invaluable insights for industry professionals, investors, and strategic decision-makers. The study period spans from 2019 to 2033, with 2025 serving as the base and estimated year. The report covers key market segments, dominant players, and future growth opportunities, presenting a clear picture of the dynamic European aircraft MRO landscape. The market size is predicted to reach xx Million by 2033.
Europe Aircraft MRO Market Structure & Innovation Trends
This section delves into the competitive landscape of the European aircraft MRO market, analyzing market concentration, innovation drivers, regulatory influences, and key M&A activities. We examine the market share held by major players such as Airbus SE, Lufthansa Technik AG, Safran SA, and Rolls-Royce Holding PLC, identifying the level of market concentration and assessing the impact of mergers and acquisitions. The report further explores the influence of regulatory frameworks on market growth, the role of technological innovation, and the emergence of substitute products. The total M&A deal value in the European aircraft MRO market between 2019 and 2024 is estimated at xx Million.
- Market Concentration: The European aircraft MRO market exhibits a moderately concentrated structure, with a few large players holding significant market share. However, smaller, specialized MRO providers also play a crucial role.
- Innovation Drivers: Technological advancements in areas such as predictive maintenance, digitalization, and sustainable aviation fuels are key innovation drivers.
- Regulatory Framework: Stringent safety regulations and environmental standards imposed by the European Union significantly shape market dynamics.
- Product Substitutes: The emergence of alternative maintenance strategies and the growing adoption of advanced technologies present potential substitutes.
- End-User Demographics: The report analyzes the distribution of MRO services across various aircraft types (commercial, military, general aviation) and user segments (airlines, military forces, private operators).
- M&A Activities: The report details significant mergers and acquisitions, analyzing their impact on market consolidation and competitive dynamics.
Europe Aircraft MRO Market Dynamics & Trends
This section analyzes the growth trajectory of the European aircraft MRO market, exploring key drivers, technological disruptions, evolving consumer preferences, and competitive dynamics. The report quantifies growth using metrics such as Compound Annual Growth Rate (CAGR) and market penetration rates. Factors contributing to market growth include increased air travel demand, an aging aircraft fleet requiring more maintenance, technological innovations that enhance efficiency and reduce costs, and the growing focus on sustainability. Competitive dynamics are analyzed through a detailed study of market share, pricing strategies, and product differentiation. The market is projected to achieve a CAGR of xx% during the forecast period (2025-2033). Market penetration rates for various MRO services are also presented, demonstrating the adoption of specific technologies and maintenance approaches across different aircraft segments.
Dominant Regions & Segments in Europe Aircraft MRO Market
This section identifies the leading regions and segments within the European aircraft MRO market. The analysis considers MRO types (Engine MRO, Components MRO, Airframe MRO, Other MRO Types) and aircraft types (Commercial Aircraft, Military Aircraft, General Aviation Aircraft).
- Leading Region: [Name of leading region, e.g., Western Europe] dominates the market due to [Reasons: e.g., higher aircraft density, established MRO infrastructure, strong aviation industry].
- Leading Country: [Name of leading country, e.g., Germany] holds a significant market share, driven by [Reasons: e.g., presence of major aircraft manufacturers, strong aerospace industry clusters, government support for aviation sector].
- Leading MRO Type: Airframe MRO holds a leading position, driven by the increasing age of the aircraft fleet.
- Leading Aircraft Type: Commercial Aircraft represents the largest segment, owing to the high density of commercial air travel in Europe.
Key Drivers (Bullet Points):
- Economic Policies: Government incentives and investments in the aviation sector.
- Infrastructure: Well-established airports and MRO facilities.
- Technological Advancements: Adoption of advanced maintenance technologies.
- Regulatory Landscape: Favorable regulatory environment.
Europe Aircraft MRO Market Product Innovations
The European aircraft MRO market is witnessing significant product innovations, driven by technological advancements in areas such as predictive maintenance, digital twin technologies, and additive manufacturing. These innovations are improving maintenance efficiency, reducing downtime, and enhancing aircraft safety. The use of advanced analytics and big data is transforming maintenance strategies, moving towards predictive and preventive maintenance, thereby optimizing resource allocation and minimizing disruptions. Furthermore, the integration of automation and robotics is streamlining various MRO processes, thereby enhancing productivity and precision.
Report Scope & Segmentation Analysis
This report provides a comprehensive segmentation analysis of the European aircraft MRO market based on MRO type and aircraft type.
MRO Type:
- Engine MRO: This segment is characterized by [Growth projection, Market size, Competitive dynamics].
- Components MRO: This segment is characterized by [Growth projection, Market size, Competitive dynamics].
- Airframe MRO: This segment is characterized by [Growth projection, Market size, Competitive dynamics].
- Other MRO Types: This segment encompasses [Description, Growth projection, Market size, Competitive dynamics].
Aircraft Type:
- Commercial Aircraft: This segment is characterized by [Growth projection, Market size, Competitive dynamics].
- Military Aircraft: This segment is characterized by [Growth projection, Market size, Competitive dynamics].
- General Aviation Aircraft: This segment is characterized by [Growth projection, Market size, Competitive dynamics].
Key Drivers of Europe Aircraft MRO Market Growth
Several factors contribute to the growth of the European aircraft MRO market. The increasing age of the aircraft fleet necessitates more frequent maintenance. Technological advancements, such as predictive maintenance and data analytics, improve efficiency and reduce costs. Stringent safety regulations drive the demand for high-quality MRO services. Growing air travel demand, particularly in emerging markets within Europe, further fuels market expansion.
Challenges in the Europe Aircraft MRO Market Sector
The European aircraft MRO market faces challenges including intense competition, rising labor costs, and supply chain disruptions. Stringent environmental regulations increase the complexity and cost of maintenance. The need for skilled labor and the shortage of qualified technicians present a significant hurdle. Economic downturns can also negatively impact the demand for MRO services. The total impact of these challenges on the market is estimated at xx Million annually.
Emerging Opportunities in Europe Aircraft MRO Market
The European aircraft MRO market presents opportunities in areas such as sustainable aviation technologies, digitalization, and the expansion into new service offerings. The adoption of innovative technologies like AI and machine learning holds significant potential to optimize maintenance strategies. The increasing focus on sustainable aviation fuels (SAFs) creates opportunities for MRO providers specializing in sustainable maintenance practices. Expanding into emerging markets and offering specialized services such as component repair and overhaul are also promising avenues for growth.
Leading Players in the Europe Aircraft MRO Market Market
- Kongsberg Gruppen ASA
- Rostec
- StandardAero
- Airbus SE
- Comlu
- MTU Aero Engines AG
- Safran SA
- BAE Systems PLC
- Lufthansa Technik AG
- Bombardier Inc
- TAP Maintenance & Engineering
- Sabena technics S A
- Rolls-Royce Holding PLC
Key Developments in Europe Aircraft MRO Industry
- January 2022: Airbus Helicopters opened a new MRO service center near Paris Charles de Gaulle airport, enhancing service capabilities.
- October 2021: Atlantic Aviation Group acquired the Shannon division of Lufthansa Technik, expanding its service portfolio to include Boeing 787 Dreamliners and Airbus A320s.
Future Outlook for Europe Aircraft MRO Market Market
The future of the European aircraft MRO market appears bright, driven by continued growth in air travel, technological advancements, and the increasing age of the aircraft fleet. The focus on sustainability and the adoption of innovative maintenance technologies will shape market dynamics. Strategic partnerships and investments in digital solutions will be key for MRO providers to maintain a competitive edge and capitalize on emerging opportunities. The market is poised for significant expansion, driven by a confluence of factors that promise sustained growth throughout the forecast period.
Europe Aircraft MRO Market Segmentation
-
1. MRO Type
- 1.1. Engine MRO
- 1.2. Components MRO
- 1.3. Airframe MRO
- 1.4. Other MRO Types
-
2. Aircraft Type
- 2.1. Commercial Aircraft
- 2.2. Military Aircraft
- 2.3. General Aviation Aircraft
Europe Aircraft MRO Market Segmentation By Geography
- 1. United Kingdom
- 2. Germany
- 3. France
- 4. Russia
- 5. Rest of Europe
Europe Aircraft MRO 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 3.42% 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
- 3.3. Market Restrains
- 3.4. Market Trends
- 3.4.1. Engine MRO Segment is Expected to Witness Highest CAGR During the Forecast Period
- 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. Europe Aircraft MRO Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by MRO Type
- 5.1.1. Engine MRO
- 5.1.2. Components MRO
- 5.1.3. Airframe MRO
- 5.1.4. Other MRO Types
- 5.2. Market Analysis, Insights and Forecast - by Aircraft Type
- 5.2.1. Commercial Aircraft
- 5.2.2. Military Aircraft
- 5.2.3. General Aviation Aircraft
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. United Kingdom
- 5.3.2. Germany
- 5.3.3. France
- 5.3.4. Russia
- 5.3.5. Rest of Europe
- 5.1. Market Analysis, Insights and Forecast - by MRO Type
- 6. United Kingdom Europe Aircraft MRO Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by MRO Type
- 6.1.1. Engine MRO
- 6.1.2. Components MRO
- 6.1.3. Airframe MRO
- 6.1.4. Other MRO Types
- 6.2. Market Analysis, Insights and Forecast - by Aircraft Type
- 6.2.1. Commercial Aircraft
- 6.2.2. Military Aircraft
- 6.2.3. General Aviation Aircraft
- 6.1. Market Analysis, Insights and Forecast - by MRO Type
- 7. Germany Europe Aircraft MRO Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by MRO Type
- 7.1.1. Engine MRO
- 7.1.2. Components MRO
- 7.1.3. Airframe MRO
- 7.1.4. Other MRO Types
- 7.2. Market Analysis, Insights and Forecast - by Aircraft Type
- 7.2.1. Commercial Aircraft
- 7.2.2. Military Aircraft
- 7.2.3. General Aviation Aircraft
- 7.1. Market Analysis, Insights and Forecast - by MRO Type
- 8. France Europe Aircraft MRO Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by MRO Type
- 8.1.1. Engine MRO
- 8.1.2. Components MRO
- 8.1.3. Airframe MRO
- 8.1.4. Other MRO Types
- 8.2. Market Analysis, Insights and Forecast - by Aircraft Type
- 8.2.1. Commercial Aircraft
- 8.2.2. Military Aircraft
- 8.2.3. General Aviation Aircraft
- 8.1. Market Analysis, Insights and Forecast - by MRO Type
- 9. Russia Europe Aircraft MRO Market Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by MRO Type
- 9.1.1. Engine MRO
- 9.1.2. Components MRO
- 9.1.3. Airframe MRO
- 9.1.4. Other MRO Types
- 9.2. Market Analysis, Insights and Forecast - by Aircraft Type
- 9.2.1. Commercial Aircraft
- 9.2.2. Military Aircraft
- 9.2.3. General Aviation Aircraft
- 9.1. Market Analysis, Insights and Forecast - by MRO Type
- 10. Rest of Europe Europe Aircraft MRO Market Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by MRO Type
- 10.1.1. Engine MRO
- 10.1.2. Components MRO
- 10.1.3. Airframe MRO
- 10.1.4. Other MRO Types
- 10.2. Market Analysis, Insights and Forecast - by Aircraft Type
- 10.2.1. Commercial Aircraft
- 10.2.2. Military Aircraft
- 10.2.3. General Aviation Aircraft
- 10.1. Market Analysis, Insights and Forecast - by MRO Type
- 11. Germany Europe Aircraft MRO Market Analysis, Insights and Forecast, 2019-2031
- 12. France Europe Aircraft MRO Market Analysis, Insights and Forecast, 2019-2031
- 13. Italy Europe Aircraft MRO Market Analysis, Insights and Forecast, 2019-2031
- 14. United Kingdom Europe Aircraft MRO Market Analysis, Insights and Forecast, 2019-2031
- 15. Netherlands Europe Aircraft MRO Market Analysis, Insights and Forecast, 2019-2031
- 16. Sweden Europe Aircraft MRO Market Analysis, Insights and Forecast, 2019-2031
- 17. Rest of Europe Europe Aircraft MRO Market Analysis, Insights and Forecast, 2019-2031
- 18. Competitive Analysis
- 18.1. Market Share Analysis 2024
- 18.2. Company Profiles
- 18.2.1 Kongsberg Gruppen ASA
- 18.2.1.1. Overview
- 18.2.1.2. Products
- 18.2.1.3. SWOT Analysis
- 18.2.1.4. Recent Developments
- 18.2.1.5. Financials (Based on Availability)
- 18.2.2 Rostec
- 18.2.2.1. Overview
- 18.2.2.2. Products
- 18.2.2.3. SWOT Analysis
- 18.2.2.4. Recent Developments
- 18.2.2.5. Financials (Based on Availability)
- 18.2.3 StandardAero
- 18.2.3.1. Overview
- 18.2.3.2. Products
- 18.2.3.3. SWOT Analysis
- 18.2.3.4. Recent Developments
- 18.2.3.5. Financials (Based on Availability)
- 18.2.4 Airbus SE
- 18.2.4.1. Overview
- 18.2.4.2. Products
- 18.2.4.3. SWOT Analysis
- 18.2.4.4. Recent Developments
- 18.2.4.5. Financials (Based on Availability)
- 18.2.5 Comlu
- 18.2.5.1. Overview
- 18.2.5.2. Products
- 18.2.5.3. SWOT Analysis
- 18.2.5.4. Recent Developments
- 18.2.5.5. Financials (Based on Availability)
- 18.2.6 MTU Aero Engines AG
- 18.2.6.1. Overview
- 18.2.6.2. Products
- 18.2.6.3. SWOT Analysis
- 18.2.6.4. Recent Developments
- 18.2.6.5. Financials (Based on Availability)
- 18.2.7 Safran SA
- 18.2.7.1. Overview
- 18.2.7.2. Products
- 18.2.7.3. SWOT Analysis
- 18.2.7.4. Recent Developments
- 18.2.7.5. Financials (Based on Availability)
- 18.2.8 BAE Systems PLC
- 18.2.8.1. Overview
- 18.2.8.2. Products
- 18.2.8.3. SWOT Analysis
- 18.2.8.4. Recent Developments
- 18.2.8.5. Financials (Based on Availability)
- 18.2.9 Lufthansa Technik AG
- 18.2.9.1. Overview
- 18.2.9.2. Products
- 18.2.9.3. SWOT Analysis
- 18.2.9.4. Recent Developments
- 18.2.9.5. Financials (Based on Availability)
- 18.2.10 Bombardier Inc
- 18.2.10.1. Overview
- 18.2.10.2. Products
- 18.2.10.3. SWOT Analysis
- 18.2.10.4. Recent Developments
- 18.2.10.5. Financials (Based on Availability)
- 18.2.11 TAP Maintenance & Engineering
- 18.2.11.1. Overview
- 18.2.11.2. Products
- 18.2.11.3. SWOT Analysis
- 18.2.11.4. Recent Developments
- 18.2.11.5. Financials (Based on Availability)
- 18.2.12 Sabena technics S A
- 18.2.12.1. Overview
- 18.2.12.2. Products
- 18.2.12.3. SWOT Analysis
- 18.2.12.4. Recent Developments
- 18.2.12.5. Financials (Based on Availability)
- 18.2.13 Rolls-Royce Holding PLC
- 18.2.13.1. Overview
- 18.2.13.2. Products
- 18.2.13.3. SWOT Analysis
- 18.2.13.4. Recent Developments
- 18.2.13.5. Financials (Based on Availability)
- 18.2.1 Kongsberg Gruppen ASA
List of Figures
- Figure 1: Europe Aircraft MRO Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Europe Aircraft MRO Market Share (%) by Company 2024
List of Tables
- Table 1: Europe Aircraft MRO Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Europe Aircraft MRO Market Revenue Million Forecast, by MRO Type 2019 & 2032
- Table 3: Europe Aircraft MRO Market Revenue Million Forecast, by Aircraft Type 2019 & 2032
- Table 4: Europe Aircraft MRO Market Revenue Million Forecast, by Region 2019 & 2032
- Table 5: Europe Aircraft MRO Market Revenue Million Forecast, by Country 2019 & 2032
- Table 6: Germany Europe Aircraft MRO Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 7: France Europe Aircraft MRO Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 8: Italy Europe Aircraft MRO Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 9: United Kingdom Europe Aircraft MRO Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: Netherlands Europe Aircraft MRO Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 11: Sweden Europe Aircraft MRO Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 12: Rest of Europe Europe Aircraft MRO Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 13: Europe Aircraft MRO Market Revenue Million Forecast, by MRO Type 2019 & 2032
- Table 14: Europe Aircraft MRO Market Revenue Million Forecast, by Aircraft Type 2019 & 2032
- Table 15: Europe Aircraft MRO Market Revenue Million Forecast, by Country 2019 & 2032
- Table 16: Europe Aircraft MRO Market Revenue Million Forecast, by MRO Type 2019 & 2032
- Table 17: Europe Aircraft MRO Market Revenue Million Forecast, by Aircraft Type 2019 & 2032
- Table 18: Europe Aircraft MRO Market Revenue Million Forecast, by Country 2019 & 2032
- Table 19: Europe Aircraft MRO Market Revenue Million Forecast, by MRO Type 2019 & 2032
- Table 20: Europe Aircraft MRO Market Revenue Million Forecast, by Aircraft Type 2019 & 2032
- Table 21: Europe Aircraft MRO Market Revenue Million Forecast, by Country 2019 & 2032
- Table 22: Europe Aircraft MRO Market Revenue Million Forecast, by MRO Type 2019 & 2032
- Table 23: Europe Aircraft MRO Market Revenue Million Forecast, by Aircraft Type 2019 & 2032
- Table 24: Europe Aircraft MRO Market Revenue Million Forecast, by Country 2019 & 2032
- Table 25: Europe Aircraft MRO Market Revenue Million Forecast, by MRO Type 2019 & 2032
- Table 26: Europe Aircraft MRO Market Revenue Million Forecast, by Aircraft Type 2019 & 2032
- Table 27: Europe Aircraft MRO Market Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Europe Aircraft MRO Market?
The projected CAGR is approximately 3.42%.
2. Which companies are prominent players in the Europe Aircraft MRO Market?
Key companies in the market include Kongsberg Gruppen ASA, Rostec, StandardAero, Airbus SE, Comlu, MTU Aero Engines AG, Safran SA, BAE Systems PLC, Lufthansa Technik AG, Bombardier Inc, TAP Maintenance & Engineering, Sabena technics S A, Rolls-Royce Holding PLC.
3. What are the main segments of the Europe Aircraft MRO Market?
The market segments include MRO Type, Aircraft Type.
4. Can you provide details about the market size?
The market size is estimated to be USD 10.82 Million as of 2022.
5. What are some drivers contributing to market growth?
N/A
6. What are the notable trends driving market growth?
Engine MRO Segment is Expected to Witness Highest CAGR During the Forecast Period.
7. Are there any restraints impacting market growth?
N/A
8. Can you provide examples of recent developments in the market?
In January 2022, Airbus helicopters began operations at its new MRO Service center in the AeroliansParis business park in Tremblay-en-France near Roissy Charles de Gaulle airport. The site's proximity to Paris Charles de Gaulle airport and to the resources of aeronautical repair companies in the vicinity allows Airbus Helicopters and its logistics partner, Daher, to further improve services to the international customer base.
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 "Europe Aircraft MRO 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 Europe Aircraft MRO 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 Europe Aircraft MRO Market?
To stay informed about further developments, trends, and reports in the Europe Aircraft MRO 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
