Flight Tracking Market by Product Type (ADS-B, FANS, PFTS), by Application (General Aviation, Civil Aviation, Military Aircraft) - Overall In-depth Analysis, Global Market Share, Top Trends, Professional & Technical Industry Insights 2020 - 2026

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Industry Trends

The global flight tracking market was estimated at XX (USD Million) in 2020 and is projected to be valued at XX (USD Million) by 2026 at a CAGR of XX%. The report offers valuation and analysis of flight tracking market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2018 along with a forecast from 2020 to 2026 based on value (USD Million).

The report covers forecast and analysis for the flight tracking market on a global and regional level. The study provides historic data from 2016 to 2018 along with a forecast from 2020 to 2026 based on revenue (USD Million). The study includes drivers and restraints for the flight tracking market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the flight tracking market on a global as well as regional level.

The study provides a crucial view on the flight tracking by segmenting the market based on product type, application, and region. All the segments of flight tracking market have been analyzed based on present and future trends and the market is estimated from 2020 to 2026. 

The demand for flight tracking market is driven by drivers. These drivers are to support growth in collaborations and partnerships for research on flight tracking market. However, restraints may hinder market growth.

The report provides company market share analysis in order to give a broader overview of the key players in the flight tracking market. Major players in flight tracking market are Aireon, BLUE SKY, FLYHT, Garmin, Honeywell, Rockwell Collins, SKY TRAC SYSTEMS, Spider Tracks, among others. 

In order to give the users of this report a comprehensive view on the flight tracking market competitive landscape and analysis of Porter’s Five Forces model for the market are included in the report. The study encompasses market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate and general attractiveness.

Competitive Market Share

In terms of flight tracking market, Aireon, BLUE SKY, FLYHT, Garmin, Honeywell, Rockwell Collins, SKY TRAC SYSTEMS, Spider Tracks are the top players operating in the global market. These behemoths have implemented key business strategies such as product innovation, strategic partnerships & collaborations, new product launches, new service launches, joint ventures, and contracts to reinforce their market position along with gaining a huge chunk of the market share.

In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new type launch, agreements, partnerships, collaborations & joint ventures, research & development, regional expansion of major participants involved in the flight tracking market on global and regional basis.

Regional Insights

Regionally, the market is divided into North America, Europe, Asia Pacific, Latin America and the Middle East and Africa. Wherein, North America dominated the global flight tracking market in 2019. The market drivers are the major factors driving the growth in this region. Europe was the second-largest regional market in terms of revenue share. 

Flight Tracking Market Size By Region

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Asia Pacific region will be the rapidly growing market for flight tracking. On the other hand, Latin America will experience moderate growth in the coming years. The Middle East and Africa will register slower growth in the years to come. 

Scope of the report

Attribute Details
Base year for estimation 2019
Actual estimates/Historical data 2016 - 2018
Forecast period 2020 - 2026
Market representation Revenue in USD Million & CAGR from 2020 to 2026
Regional scope North America, Europe, Asia Pacific, Central & South America & MEA
Country scope U.S., Germany, U.K., Italy, China, Japan, Brazil
Report coverage       Revenue forecast, company share, competitive landscape, growth factors and trends
Free customization scope (equivalent to 5 analyst working days) If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization

 

Segments Covered in the Report

Based on Product Type, global flight tracking market is bifurcated into ADS-B, FANS, PFTS. Detailed qualitative as well as quantitative product type segment analysis will be provided in the report from 2016 to 2026.

Based on Application market is segmented into General Aviation, Civil Aviation, Military Aircraft. Trend analysis amongst the application will be provided in detail.

Different potential opportunities and with in-depth factors affecting different markets will be provided. Segment analysis with which segment is projected to witness rapid growth in the coming years will be displayed in the report.

The report segment of the global flight tracking market as follows:

Global Flight Tracking Market: By Product Type

  • ADS-B
  • FANS
  • PFTS
Global Flight Tracking Market: By Application
  • General Aviation
  • Civil Aviation
  • Military Aircraft
Global Flight Tracking Market: By Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China 
    • Japan
    • India
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

Key Reasons to Purchase this Report

  • It provides a technological development map over time to understand the growth rate of the industry
  • The report offers a dynamic method to various factors that drive or restrain the growth of the market
  • It renders definite analysis for changing competitive dynamics
  • It builds a seven-year estimate based on how the market is predicted to grow 

Frequently Asked Questions

These players adopted different strategies so as to hold major market share in this market. Some of the major players in Flight Tracking industry includes.

  • Aireon
  • BLUE SKY
  • FLYHT
  • Garmin
  • Honeywell
  • Rockwell Collins
  • SKY TRAC SYSTEMS
  • Spider Tracks

Based on the Flight Tracking market analysis, North America is predicted to held the highest share in the Flight Tracking market during the forecast period.

The statistical data of the top market players of Flight Tracking industry can be obtained from the company profile section specified in the report. This section incorporates analysis of top player’s operating in the Flight Tracking industry as well as their last five-year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue produced.

The study offers a decisive view on the Flight Tracking by segmenting the market based on Product Type, Application, and region.

The report gives a nitty-gritty assessment of the market by featuring data on various viewpoints that incorporate drivers, restraints, opportunities, and threats. This data can assist stakeholders in making suitable decisions before investing.

The sample for Flight Tracking market report can be received on-demand from the website as and when required.Direct call services or 24*7 chat support are provided to procure the sample report.

  1. Preface
    1. Report Description and Scope
    2. Research Scope
    3. Research Methodology
      1. Market Research Process
      2. Market Research Methodology
  2. Executive Summary
    1. Flight Tracking Market, 2016-2026 (USD Million)
    2. Flight Tracking Market: Snapshot
  3. Flight Tracking - Industry Analysis
    1. Flight Tracking: Market Dynamics
    2. Market Drivers
      1. Driver 1
      2. Driver 2
    3. Restraints
      1. Restraint 1
      2. Restraint 2
    4. Opportunity
      1. Government funding and support
    5. Porter’s Five Forces Analysis
    6. Market Attractiveness Analysis
      1. Market attractiveness analysis By Product
      2. Market attractiveness analysis By Application
      3. Market attractiveness analysis by Region
  4. Flight Tracking Market - Competitive Landscape
    1. Company market share analysis
      1. Global Flight Tracking Market: company market share, 2019
    2. Strategic development
      1. Acquisitions & mergers
      2. New Product launches
      3. Agreements, partnerships, collaborations and joint ventures
      4. Research and development and Regional expansion
    3. Price trend analysis
  5. Global Flight Tracking Market -Product Type Analysis
    1. Global Flight Tracking Market overview: By Product Type
      1. Global Flight Tracking Market share, By Product Type,2019 and 2026
    2. ADS-B
      1. Global Flight Tracking Market by ADS-B, 2016-2026 (USD Million)
    3. FANS
      1. Global Flight Tracking Market by FANS, 2016-2026 (USD Million)
    4. PFTS
      1. Global Flight Tracking Market by PFTS, 2016-2026 (USD Million)
  6. Global Flight Tracking Market -Application Analysis
    1. Global Flight Tracking Market overview: By Application
      1. Global Flight Tracking Market share, By Application,2019 and 2026
    2. General Aviation
      1. Global Flight Tracking Market by General Aviation, 2016-2026 (USD Million)
    3. Civil Aviation
      1. Global Flight Tracking Market by Civil Aviation, 2016-2026 (USD Million)
    4. Military Aircraft
      1. Global Flight Tracking Market by Military Aircraft, 2016-2026 (USD Million)
  7. Global Flight Tracking Market - Regional Analysis
    1. Global Flight Tracking Market overview: by Region
      1. Global Flight Tracking Market share, by Region, 2019 and 2026
    2. North America
      1. North America Flight Tracking Market, 2016-2026 (USD Million)
      1. North America Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      1. North America Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      1. North America Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      1. North America Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      1. U.S. Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      2. U.S. Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      3. U.S. Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      4. U.S. Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      5. Canada Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      6. Canada Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      7. Canada Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      8. Canada Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      9. Mexico Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      10. Mexico Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      11. Mexico Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      12. Mexico Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
    3. Europe
      1. Europe Flight Tracking Market, 2016-2026 (USD Million)
      1. Europe Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      1. Europe Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      1. Europe Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      1. Europe Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      1. UK Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      2. UK Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      3. UK Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      4. UK Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      5. Germany Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      6. Germany Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      7. Germany Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      8. Germany Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      9. France Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      10. France Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      11. France Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      12. France Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      13. Italy Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      14. Italy Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      15. Italy Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      16. Italy Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      17. Spain Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      18. Spain Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      19. Spain Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      20. Spain Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      21. Netherlands Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      22. Netherlands Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      23. Netherlands Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      24. Netherlands Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      25. Rest of Europe Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      26. Rest of Europe Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      27. Rest of Europe Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      28. Rest of Europe Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
    4. Asia Pacific
      1. Asia Pacific Flight Tracking Market, 2016-2026 (USD Million)
      1. Asia Pacific Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      1. Asia Pacific Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      1. Asia Pacific Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      1. Asia Pacific Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      1. China Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      2. China Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      3. China Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      4. China Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      5. Japan Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      6. Japan Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      7. Japan Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      8. Japan Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      9. India Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      10. India Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      11. India Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      12. India Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      13. Australia Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      14. Australia Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      15. Australia Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      16. Australia Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      17. South East Asia Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      18. South East Asia Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      19. South East Asia Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      20. South East Asia Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      21. South Korea Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      22. South Korea Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      23. South Korea Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      24. South Korea Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      25. Rest of Asia Pacific Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      26. Rest of Asia Pacific Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      27. Rest of Asia Pacific Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      28. Rest of Asia Pacific Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
    5. Latin America
      1. Latin America Flight Tracking Market, 2016-2026 (USD Million)
      1. Latin America Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      1. Latin America Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      1. Latin America Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      1. Latin America Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      1. Brazil Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      2. Brazil Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      3. Brazil Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      4. Brazil Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      5. Argentina Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      6. Argentina Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      7. Argentina Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      8. Argentina Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      9. Chile Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      10. Chile Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      11. Chile Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      12. Chile Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      13. Rest of Latin America Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      14. Rest of Latin America Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      15. Rest of Latin America Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      16. Rest of Latin America Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
    6. Middle East & Africa
      1. Middle East & Africa Flight Tracking Market, 2016-2026 (USD Million)
      1. Middle East & Africa Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      1. Middle East & Africa Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      1. Middle East & Africa Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      1. Middle East & Africa Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      1. GCC Countries Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      2. GCC Countries Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      3. GCC Countries Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      4. GCC Countries Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      5. Nigeria Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      6. Nigeria Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      7. Nigeria Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      8. Nigeria Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      9. South Africa Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      10. South Africa Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      11. South Africa Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      12. South Africa Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
      13. Rest of Middle East & Africa Flight Tracking Market revenue, By Product Type, 2016-2026 (USD Million)
      14. Rest of Middle East & Africa Flight Tracking Market revenue, By Application, 2016-2026 (USD Million)
      15. Rest of Middle East & Africa Flight Tracking Market revenue, By product type, 2016-2026 (USD Million)
      16. Rest of Middle East & Africa Flight Tracking Market revenue, By application, 2016-2026 (USD Million)
  8. Company Profiles
    1. Aireon
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    2. BLUE SKY
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    3. FLYHT
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    4. Garmin
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    5. Honeywell
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    6. Rockwell Collins
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    7. SKY TRAC SYSTEMS
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments
    8. Spider Tracks
      1. Overview
      2. Financials
      3. Product Portfolio
      4. Business Strategy
      5. Recent Developments

 

List of Figures

  1. Market research process
  2. Market research methodology
  3. Global Flight Tracking Market, 2016-2026 (USD Million)
  4. Porter’s Five Forces Analysis
  5. Global Flight Tracking Market attractiveness, By Product Type
  6. Global Flight Tracking Market attractiveness, By Application
  7. Global Flight Tracking market share, By Product Type, 2019 and 2026
  8. Global Flight Tracking Market by ADS-B, 2016-2026 (USD Million)
  9. Global Flight Tracking Market by FANS, 2016-2026 (USD Million)
  10. Global Flight Tracking Market by PFTS, 2016-2026 (USD Million)
  11. Global Flight Tracking market share, By Application, 2019 and 2026
  12. Global Flight Tracking Market by General Aviation, 2016-2026 (USD Million)
  13. Global Flight Tracking Market by Civil Aviation, 2016-2026 (USD Million)
  14. Global Flight Tracking Market by Military Aircraft, 2016-2026 (USD Million)
  15. Global Flight Tracking Market share, by Region, 2019 and 2026
  16. North America Flight Tracking Market, 2016-2026 (USD Million)
  17. Europe Flight Tracking Market, 2016-2026 (USD Million)
  18. Asia Pacific Flight Tracking Market, 2016-2026 (USD Million)
  19. Latin America Flight Tracking Market, 2016-2026 (USD Million)
  20. Middle East & Africa Flight Tracking Market, 2016-2026 (USD Million)

 

List of Tables

  1. Global Flight Tracking Market: snapshot
  2. Drivers of the Flight Tracking Market: impact analysis
  3. Restraints of the Flight Tracking Market: impact analysis
  4. North America Flight Tracking Market revenue, By Product Type,2016-2026 (USD Million)
  5. North America Flight Tracking Market revenue, By Application,2016-2026 (USD Million)
  6. Europe Flight Tracking Market revenue, By Product Type,2016-2026 (USD Million)
  7. Europe Flight Tracking Market revenue, By Application,2016-2026 (USD Million)
  8. Asia Pacific Flight Tracking Market revenue, By Product Type,2016-2026 (USD Million)
  9. Asia Pacific Flight Tracking Market revenue, By Application,2016-2026 (USD Million)
  10. Latin America Flight Tracking Market revenue, By Product Type,2016-2026 (USD Million)
  11. Latin America Flight Tracking Market revenue, By Application,2016-2026 (USD Million)
  12. Middle East & Africa Flight Tracking Market revenue, By Product Type,2016-2026 (USD Million)
  13. Middle East & Africa Flight Tracking Market revenue, By Application,2016-2026 (USD Million)
  • Aireon
  • BLUE SKY
  • FLYHT
  • Garmin
  • Honeywell
  • Rockwell Collins
  • SKY TRAC SYSTEMS
  • Spider Tracks

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An Overview on Research Methodology used at Syndicate Market Research:

1.1 Research Methodology

The process of market research at Syndicate Market Research is an iterative in nature and usually follows following path. Information from secondary is used to build data models, further the results obtained from data models are validated from primary participants. Then cycle repeats where, according to inputs from primary participants, additional secondary research is done and new information is again incorporated into data model. The process continues till desired level of information is not generated.

To calculate the market size, the report considers the revenue generated from the sales of the market providers. The revenue generated from the sales of market is calculated through primary and secondary research. The key players operating in the market across the globe are identified through secondary research and a corresponding detailed analysis of the top vendors in the market is done. The market size calculation also includes clinical trial phase segmentation determined using secondary sources and verified through primary sources.

1.2 Secondary Research

The secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • Internal and external proprietary databases, relevant patent and regulatory databases
  • National government documents, statistical databases and market reports
  • News articles, press releases and web-casts specific to the companies operating in the market

The sources for secondary research includes but is not limited to: Factiva, Hoovers and Statista

1.3 Primary Research

We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following functions:

  • It provides first-hand information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
  • Helps in validating and strengthening the secondary research findings
  • Further develops the analysis team’s expertise and market understanding
  • Primary research involves E-mail interactions, telephonic interviews as well as face-to-face 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: CEOs, VPs, marketing/ clinical trial phase managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
  • Key opinion leaders specializing in different areas corresponding to different industry end users

1.4 Models

Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data types to produce estimates:

  • Demographic data: Population split by segment
  • Macro-economic indicators: GDP, etc.
  • Industry indicators: Expenditure, infrastructure, sector growth and facilities.

Data is then cross checked by the expert panel.

1.4.1 Company Share Analysis Model

Company share analysis is used to derive the size of global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps:

1.4.2 Revenue Based Modeling

Revenue based models can be built in two ways - Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach where as it acts as starting point for top-down approach.

1.5 Research Limitations

Inflation is not a part of pricing in this report. Prices of the products and its derivatives vary in each region and hence similar revenue ratio does not follow for each individual region. The same price for each type has been taken into account while estimating and forecasting market revenue on a global basis. Regional average price has been considered while breaking down this market by end user in each region.

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