Europe Military Helicopters Market Size
Icons | Lable | Value |
---|---|---|
Study Period | 2017 - 2030 | |
Market Size (2024) | USD 2.32 Billion | |
Market Size (2030) | USD 2.88 Billion | |
Largest Share by Body Type | Multi-Mission Helicopter | |
CAGR (2024 - 2030) | 3.65 % | |
Largest Share by Country | Spain | |
Market Concentration | Medium | |
Major Players |
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*Disclaimer: Major Players sorted in alphabetical order. |
Europe Military Helicopters Market Analysis
The Europe Military Helicopters Market size is estimated at 2.32 billion USD in 2024, and is expected to reach 2.88 billion USD by 2030, growing at a CAGR of 3.65% during the forecast period (2024-2030).
2.3 B
Market Size in 2024 (USD)
2.9 B
Market Size in 2030 (USD)
502
Total Deliveries in the Historic Period (2017-2023)
612
Total Deliveries during the Forecast Period (2024-2030)
Largest Market by Body Type
43.10 %
value share, Multi-Mission Helicopter, 2023
The ability to carry troops and equipment to various strategic locations is driving to procure transport helicopters.
Largest Market by Country
29.01 %
value share, Spain, 2023
The country's focus on amphibious support and special forces operations by procuring military rotorcraft is acting as a catalyst for its dominant position in the region.
Leading Market Player
47.72 %
market share, Airbus SE, 2022
Airbus dominates the European market with its extensive range of product offerings, including all types of military helicopters.
Second Leading Market Player
15.06 %
market share, Russian Helicopters, 2022
It is the only Russian rotorcraft designer and manufacturer that has various capabilities, such as designing, manufacturing, and testing modern military helicopters.
Third Leading Market Player
12.36 %
market share, The Boeing Company, 2022
The company's purpose-built helicopters with more cost-effective solutions are driving its market share in the military aviation market.
Multi-mission helicopters hold the highest market share
- The demand for rotorcrafts is being fueled by an increase in military conflicts, terrorism, border disputes, territory breaches, and violations. To gain a military advantage over the opposition, regional armed forces are upgrading the capabilities of helicopters with cutting-edge technologies.
- Ongoing tensions between Russia and Ukraine are encouraging various countries in the region to spend at least 2% of their GDP, which is a NATO standard, on their military. Thus, the countries are opting for the procurement of advanced helicopters to counter threats in an effective way.
- There are currently 3,363 helicopters in operation in Europe. With 1,632 operational helicopter forces, Russia possesses the highest number of helicopters in the region. France and Italy have the largest active fleets, with 478 and 435 helicopters, respectively, after Russia. Multi-mission helicopters are expected to record the highest CAGR during the forecast period. Multi-mission helicopters can be used for close air support for ground troops and anti-tank operations to destroy enemy armor. Multi-mission helicopters account for 38% of the total helicopter active fleet in the region, making it the largest segment, followed by other body types and transport helicopters, accounting for shares of 32% and 30%, respectively.
- More than 1000 helicopters are expected to be procured in Europe over the forecast period, mainly by Germany, France, the United Kingdom, Russia, Italy, Spain, the Netherlands, and the Rest of Europe, which may drive the demand for rotorcrafts in the region.
Factors such as fleet modernization and rising geopolitical tensions are driving the European market
- Europe has a robust and technologically advanced military helicopter market that is driven by various factors, including geopolitical concerns, modernization efforts, and defense budget allocations. The defense budgets of European countries play a crucial role in shaping the military helicopter market. Despite economic challenges, defense spending has remained a priority for many European nations due to rising security concerns. In 2022, Europe spent USD 480 billion on its military, an increase of 13% over 2021. By the end of March 2022, numerous European NATO member nations announced plans to increase military expenditure in reaction to the Russian invasion of Ukraine in February 2022, aiming to meet or exceed the NATO spending target of 2% of GDP or higher.
- During 2017-2022, in terms of fleet procurement, the region procured 20% of the global total fleet. Of these total fleets, the countries that procured most of the fleet were Italy with 33%, followed by Germany with 20%, France and the UK with 13% each, and Spain with 10%.
- Additionally, many European nations are actively engaged in modernizing their military helicopter fleets to meet the evolving security landscape. Upgrading aging platforms with state-of-the-art helicopters enables countries to enhance their operational effectiveness, increase mission versatility, and maintain interoperability with NATO and other allied forces. Germany, France, the United Kingdom, Russia, Italy, Spain, the Netherlands, and the Rest of Europe plan to purchase helicopters from 2023 to 2029. A total of 566 helicopters are expected to be delivered in Europe during the forecast period. During the forecast period, Romania and Hungary also plan to expand their fleet by procuring 60 and 18 helicopters, respectively.
Europe Military Helicopters Market Trends
NATO alliances are contributing to the region's defense spending
- In 2022, Europe spent USD 480 billion on its military, a 13% increase over 2021 and a 38% increase over 2013. In 2022, Europe accounted for 21% of the total defense expenditure in the world. In 2021, Central and Western Europe's combined military expenditure totaled USD 345 billion (USD 305 billion for Western Europe and USD 45 billion for Central Europe), including most NATO allies and all of the EU member states.
- Increased expenditures on military R&D and arms purchases were the main drivers of the surge in military spending in Central and Western Europe. In 2022, defense expenditures in Eastern Europe increased to USD 76.3 billion. In 2022, 19 European NATO member nations, up from five in 2014 and 13 in 2020, dedicated a minimum of 20% of their defense spending to arms purchases and military R&D.
- In 2022, these member states' average proportion of defense spending on weapons and R&D increased to 24% from 22% in 2020 and 14% in 2014. Only two of the 26 NATO members in Europe with a military budget, Albania and Estonia, did not increase the portion of their budgets devoted to arms purchases and R&D from 2014 to 2021.
- By the end of March 2022, numerous European NATO member nations announced plans to increase military expenditure in response to the Russian invasion of Ukraine in February 2022, aiming to meet or exceed the NATO spending target of 2% of the GDP or higher. Belgium, Denmark, Germany, Lithuania, the Netherlands, Norway, Poland, and Romania were members of this group. These budgets were expected to be centered on the purchase of new armaments.
Fixed-wing aircraft accounted for 54% of the total fleet in the European military aviation market
- As of 2022, there were 8,326 active aircraft in Europe, of which fixed-wing aircraft accounted for 58% and rotorcraft for 42%. The total active aircraft fleet increased by 4% compared to 2016 in the region. Russia, the United Kingdom, the Netherlands, Germany, Italy, Spain, and France accounted for 95% of the total active fleet in the region.
- The fixed-wing aircraft and multi-role aircraft segments accounted for 54%, while transport aircraft, training aircraft, and others accounted for 16%, 23%, and 7%, respectively. In 2021, the active fleet of fixed-wing aircraft decreased by 3% compared to 2016.
- In rotorcraft, multi-mission helicopters accounted for 38%, while transport helicopters and other helicopters accounted for 30% and 32%, respectively. In 2021, the active fleet of rotorcraft increased by 1% compared to 2016.
- As of 2022, the average age of the Russian aircraft fleet was 10.5 years. The Yakovlev Yak-42 jets had the highest average age of any type of aircraft, at nearly 28 years. During the forecast period, the United Kingdom, Germany, France, Italy, and Spain may continue to build and buy next-generation aircraft to meet the demands of modern warfare. The regional armed forces are also upgrading the capabilities of helicopters with cutting-edge technology to achieve military superiority over possible invaders.
- The UK Ministry of Defence plans to retire several aging aircraft; however, it needs to actively continue the procurement of replacement aircraft to avoid any gaps within the fleet. The country's continued support for Ukraine in its war with Russia may add pressure on its defense budget. This factor may threaten the country's usual place as Europe鈥檚 largest defense spender.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- The Ukraine-Russia War is expected to improve defense contribution, even with economic growth uncertainty
Europe Military Helicopters Industry Overview
The Europe Military Helicopters Market is moderately consolidated, with the top five companies occupying 58.72%. The major players in this market are Airbus SE, MD Helicopters LLC., Russian Helicopters, The Boeing Company and Turkish Aerospace Industries (sorted alphabetically).
Europe Military Helicopters Market Leaders
Airbus SE
MD Helicopters LLC.
Russian Helicopters
The Boeing Company
Turkish Aerospace Industries
Other important companies include BAE Systems, Leonardo S.p.A, Lockheed Martin Corporation.
*Disclaimer: Major Players sorted in alphabetical order.
Europe Military Helicopters Market News
- May 2023: The US State Department approved a potential sale of CH-47 Chinook helicopters, engines, and equipment worth USD 8.5 billion to Germany.
- March 2023: Boeing has been awarded a contract by the US government to manufacture 184 AH-64E Apache attack helicopters for the US military and international customers. The US government announced USD 1.95 million, indicating that the helicopter will be delivered to the US military and overseas buyers - specifically Australia and Egypt - as a part of the paramilitary process to the Foreign Service (FMS) from the US government. Contract completion is expected by the end of 2027.
- March 2022: Airbus Helicopters has been awarded a contract by OCCAR (Organisation for Joint Armament Cooperation) on behalf of the French and Spanish Armament General Directorates, the DGA and the DGAM for the development, production, and initial in-service support of the Tiger MkIII attack helicopter upgrade programme.
Free with this Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 45+ free charts, the section covers data on commercial aircraft deliveries by manufacturer, backlogs of commercial aircraft, active military aircraft fleet by type of aircraft, overall business jets and helicopters fleet by manufacturer and also classified by type of ownership.
Europe Military Helicopters Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
REPORT OFFERS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study鈥
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. Gross Domestic Product
2.2. Active Fleet Data
2.3. Defense Spending
2.4. Regulatory Framework
2.5. Value Chain Analysis
3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
3.1. Body Type
3.1.1. Multi-Mission Helicopter
3.1.2. Transport Helicopter
3.1.3. Others
3.2. Country
3.2.1. France
3.2.2. Germany
3.2.3. Italy
3.2.4. Netherlands
3.2.5. Russia
3.2.6. Spain
3.2.7. UK
3.2.8. Rest of Europe
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles
4.4.1. Airbus SE
4.4.2. BAE Systems
4.4.3. Leonardo S.p.A
4.4.4. Lockheed Martin Corporation
4.4.5. MD Helicopters LLC.
4.4.6. Russian Helicopters
4.4.7. The Boeing Company
4.4.8. Turkish Aerospace Industries
5. KEY STRATEGIC QUESTIONS FOR AVIATION CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter鈥檚 Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (DROs)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
- Figure 1:
- GROSS DOMESTIC PRODUCT, USD, EUROPE, 2017 - 2030
- Figure 2:
- ACTIVE MILITARY AIRCRAFT FLEET BY COUNTRY, NUMBER OF AIRCRAFT, VOLUME, EUROPE, 2016 - 2030
- Figure 3:
- DEFENSE SPENDING, USD, EUROPE, 2017 - 2030
- Figure 4:
- NUMBER OF NEW AIRCRAFT DELIVERIES, VOLUME, EUROPE, 2017 - 2030
- Figure 5:
- NUMBER OF NEW AIRCRAFT DELIVERIES, USD, EUROPE, 2017 - 2030
- Figure 6:
- ROTORCRAFT DELIVERIES BY BODY TYPE, VOLUME, EUROPE, 2017 - 2030
- Figure 7:
- ROTORCRAFT DELIVERIES BY BODY TYPE, USD, EUROPE, 2017 - 2030
- Figure 8:
- ROTORCRAFT DELIVERIES BY BODY TYPE, VOLUME %, EUROPE, 2017 VS 2023 VS 2030
- Figure 9:
- ROTORCRAFT DELIVERIES BY BODY TYPE, VALUE %, EUROPE, 2017 VS 2023 VS 2030
- Figure 10:
- EUROPE MILITARY HELICOPTERS MARKET, BY MULTI-MISSION HELICOPTER, UNITS, 2017 - 2030
- Figure 11:
- EUROPE MILITARY HELICOPTERS MARKET, BY MULTI-MISSION HELICOPTER, USD, 2017 - 2030
- Figure 12:
- EUROPE MILITARY HELICOPTERS MARKET, BY BODY TYPE, USD, %, 2023 VS 2030
- Figure 13:
- EUROPE MILITARY HELICOPTERS MARKET, BY TRANSPORT HELICOPTER, UNITS, 2017 - 2030
- Figure 14:
- EUROPE MILITARY HELICOPTERS MARKET, BY TRANSPORT HELICOPTER, USD, 2017 - 2030
- Figure 15:
- EUROPE MILITARY HELICOPTERS MARKET, BY BODY TYPE, USD, %, 2023 VS 2030
- Figure 16:
- EUROPE MILITARY HELICOPTERS MARKET, BY OTHERS, UNITS, 2017 - 2030
- Figure 17:
- EUROPE MILITARY HELICOPTERS MARKET, BY OTHERS, USD, 2017 - 2030
- Figure 18:
- EUROPE MILITARY HELICOPTERS MARKET, BY BODY TYPE, USD, %, 2023 VS 2030
- Figure 19:
- ROTORCRAFT DELIVERIES BY COUNTRY, VOLUME, EUROPE, 2017 - 2030
- Figure 20:
- ROTORCRAFT DELIVERIES BY COUNTRY, USD, EUROPE, 2017 - 2030
- Figure 21:
- ROTORCRAFT DELIVERIES BY COUNTRY, VOLUME %, EUROPE, 2017 VS 2023 VS 2030
- Figure 22:
- ROTORCRAFT DELIVERIES BY COUNTRY, VALUE %, EUROPE, 2017 VS 2023 VS 2030
- Figure 23:
- EUROPE MILITARY HELICOPTERS MARKET, BY FRANCE, UNITS, 2017 - 2030
- Figure 24:
- EUROPE MILITARY HELICOPTERS MARKET, BY FRANCE, USD, 2017 - 2030
- Figure 25:
- ROTORCRAFT DELIVERIES SHARE, VALUE, %, FRANCE, 2023 VS 2030
- Figure 26:
- EUROPE MILITARY HELICOPTERS MARKET, BY GERMANY, UNITS, 2017 - 2030
- Figure 27:
- EUROPE MILITARY HELICOPTERS MARKET, BY GERMANY, USD, 2017 - 2030
- Figure 28:
- ROTORCRAFT DELIVERIES SHARE, VALUE, %, GERMANY, 2023 VS 2030
- Figure 29:
- EUROPE MILITARY HELICOPTERS MARKET, BY ITALY, UNITS, 2017 - 2030
- Figure 30:
- EUROPE MILITARY HELICOPTERS MARKET, BY ITALY, USD, 2017 - 2030
- Figure 31:
- ROTORCRAFT DELIVERIES SHARE, VALUE, %, ITALY, 2023 VS 2030
- Figure 32:
- EUROPE MILITARY HELICOPTERS MARKET, BY NETHERLANDS, UNITS, 2017 - 2030
- Figure 33:
- EUROPE MILITARY HELICOPTERS MARKET, BY NETHERLANDS, USD, 2017 - 2030
- Figure 34:
- ROTORCRAFT DELIVERIES SHARE, VALUE, %, NETHERLANDS, 2023 VS 2030
- Figure 35:
- EUROPE MILITARY HELICOPTERS MARKET, BY RUSSIA, UNITS, 2017 - 2030
- Figure 36:
- EUROPE MILITARY HELICOPTERS MARKET, BY RUSSIA, USD, 2017 - 2030
- Figure 37:
- ROTORCRAFT DELIVERIES SHARE, VALUE, %, RUSSIA, 2023 VS 2030
- Figure 38:
- EUROPE MILITARY HELICOPTERS MARKET, BY SPAIN, UNITS, 2017 - 2030
- Figure 39:
- EUROPE MILITARY HELICOPTERS MARKET, BY SPAIN, USD, 2017 - 2030
- Figure 40:
- ROTORCRAFT DELIVERIES SHARE, VALUE, %, SPAIN, 2023 VS 2030
- Figure 41:
- EUROPE MILITARY HELICOPTERS MARKET, BY UK, UNITS, 2017 - 2030
- Figure 42:
- EUROPE MILITARY HELICOPTERS MARKET, BY UK, USD, 2017 - 2030
- Figure 43:
- ROTORCRAFT DELIVERIES SHARE, VALUE, %, UK, 2023 VS 2030
- Figure 44:
- EUROPE MILITARY HELICOPTERS MARKET, BY REST OF EUROPE, UNITS, 2017 - 2030
- Figure 45:
- EUROPE MILITARY HELICOPTERS MARKET, BY REST OF EUROPE, USD, 2017 - 2030
- Figure 46:
- ROTORCRAFT DELIVERIES SHARE, VALUE, %, REST OF EUROPE, 2023 VS 2030
- Figure 47:
- MOST ACTIVE COMPANIES, NUMBER OF STRATEGIC MOVES, EUROPE, 2018-2023
- Figure 48:
- MOST ADOPTED STRATEGIES, COUNT, EUROPE, 2018 - 2023
- Figure 49:
- MAJOR PLAYERS REVENUE SHARE (%), EUROPE, 2023
Europe Military Helicopters Industry Segmentation
Multi-Mission Helicopter, Transport Helicopter, Others are covered as segments by Body Type. France, Germany, Italy, Netherlands, Russia, Spain, UK are covered as segments by Country.
- The demand for rotorcrafts is being fueled by an increase in military conflicts, terrorism, border disputes, territory breaches, and violations. To gain a military advantage over the opposition, regional armed forces are upgrading the capabilities of helicopters with cutting-edge technologies.
- Ongoing tensions between Russia and Ukraine are encouraging various countries in the region to spend at least 2% of their GDP, which is a NATO standard, on their military. Thus, the countries are opting for the procurement of advanced helicopters to counter threats in an effective way.
- There are currently 3,363 helicopters in operation in Europe. With 1,632 operational helicopter forces, Russia possesses the highest number of helicopters in the region. France and Italy have the largest active fleets, with 478 and 435 helicopters, respectively, after Russia. Multi-mission helicopters are expected to record the highest CAGR during the forecast period. Multi-mission helicopters can be used for close air support for ground troops and anti-tank operations to destroy enemy armor. Multi-mission helicopters account for 38% of the total helicopter active fleet in the region, making it the largest segment, followed by other body types and transport helicopters, accounting for shares of 32% and 30%, respectively.
- More than 1000 helicopters are expected to be procured in Europe over the forecast period, mainly by Germany, France, the United Kingdom, Russia, Italy, Spain, the Netherlands, and the Rest of Europe, which may drive the demand for rotorcrafts in the region.
Body Type | |
Multi-Mission Helicopter | |
Transport Helicopter | |
Others |
Country | |
France | |
Germany | |
Italy | |
Netherlands | |
Russia | |
Spain | |
UK | |
Rest of Europe |
Market Definition
- Aircraft Type - All the military rotorcraft which are used for various applications are included in this study.
- Sub-Aircraft Type - For this study, all the military helicopters based on their application are considered.
- Body Type - Multi-Mission Helicopters, Transport Helicopters, Training Helicopters and various other rotorcraft are considered in this study.
Keyword | Definition |
---|---|
IATA | IATA stands for the International Air Transport Association, a trade organization composed of airlines around the world that has an influence over the commercial aspects of flight. |
ICAO | ICAO stands for International Civil Aviation Organization, a specialized agency of the United Nations that supports aviation and navigation around the globe. |
Air Operator Certificate (AOC) | A certificate granted by a National Aviation Authority permitting the conduct of commercial flying activities. |
Certificate Of Airworthiness (CoA) | A Certificate Of Airworthiness (CoA) is issued for an aircraft by the civil aviation authority in the state in which the aircraft is registered. |
Gross Domestic Product (GDP) | Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period by countries. |
RPK (Revenue Passenger Kilometres) | The RPK of an airline is the sum of the products obtained by multiplying the number of revenue passengers carried on each flight stage by the stage distance - it is the total number of kilometers traveled by all revenue passengers. |
Load Factor | The load factor is a metric used in the airline industry that measures the percentage of available seating capacity that has been filled with passengers. |
Original Equipment Manufacturer (OEM) | An original equipment manufacturer (OEM) traditionally is defined as a company whose goods are used as components in the products of another company, which then sells the finished item to users. |
International Transportation Safety Association (ITSA) | International Transportation Safety Association (ITSA) is an international network of heads of independent safety investigation authorities (SIA). |
Available Seats Kilometre (ASK) | This metric is calculated by multiplying Available Seats (AS) in one flight, defined above, multiplied by the distance flown. |
Gross Weight | The fully-loaded weight of an aircraft, also known as 鈥渢akeoff weight,鈥 which includes the combined weight of passengers, cargo, and fuel. |
Airworthiness | The ability of an aircraft, or other airborne equipment or system, to operate in flight and on the ground without significant hazard to aircrew, ground crew, passengers or to other third parties. |
Airworthiness Standards | Detailed and comprehensive design and safety criteria applicable to the category of aeronautical product (aircraft, engine or propeller). |
Fixed Base Operator (FBO) | A business or organization that operates at an airport. An FBO provides aircraft operating services like maintenance, fueling, flight training, charter services, hangaring, and parking. |
High Net worth Individuals (HNWIs) | High Net worth Individuals (HNWIs) are individuals with over USD 1 million in liquid financial assets. |
Ultra High Net worth Individuals (UHNWIs) | Ultra High Net worth Individuals (UHNWIs) are individuals with over USD 30 million in liquid financial assets. |
Federal Aviation Administration (FAA) | The division of the Department of Transportation is concerned with aviation. It operates Air Traffic Control and regulates everything from aircraft manufacturing to pilot training to airport operations in the United States. |
EASA (European Aviation Safety Agency) | The European Aviation Safety Agency is a European Union agency established in 2002 with the task of overseeing civil aviation safety and regulation. |
Airborne Warning and Control System (AW&C) aircraft | Airborne Warning and Control System (AEW&C) aircraft is equipped with a powerful radar and on-board command and control center to direct the armed forces. |
The North Atlantic Treaty Organization (NATO) | The North Atlantic Treaty Organization (NATO), also called the North Atlantic Alliance, is an intergovernmental military alliance between 30 member states 鈥 28 European and two North American. |
Joint Strike Fighter (JSF) | Joint Strike Fighter (JSF) is a development and acquisition program intended to replace a wide range of existing fighter, strike, and ground attack aircraft for the United States, the United Kingdom, Italy, Canada, Australia, the Netherlands, Denmark, Norway, and formerly Turkey. |
Light Combat Aircraft (LCA) | A light combat aircraft (LCA) is a light, multirole jet/turboprop military aircraft, commonly derived from advanced trainer designs, designed for engaging in light combat. |
Stockholm International Peace Research Institute (SIPRI) | Stockholm International Peace Research Institute (SIPRI) is an international institute that provides data, analysis, and recommendations for armed conflict, military expenditure, and arms trade as well as disarmament and arms control. |
Maritime Patrol Aircraft (MPA) | A maritime patrol aircraft (MPA), also known as maritime reconnaissance aircraft is a fixed-wing aircraft designed to operate for long durations over water in maritime patrol roles, in particular, anti-submarine warfare (ASW), anti-ship warfare (AShW), and search and rescue (SAR). |
Mach Number | The Mach number is defined as the ratio of true airspeed to the speed of sound at the altitude of a given aircraft. |
Stealth Aircraft | Stealth is a Common term applied to low observable (LO) technology and doctrine, that makes an aircraft near invisible to radar, infrared or visual detection. |
Research Methodology
糖心vlog传媒 follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: 聽In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the historical and聽forecast years have been provided in revenue and volume terms. For sales conversion to volume, the average selling price (ASP) is kept constant throughout the forecast period for each聽country, and inflation is not a part of the聽pricing.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms