Research Methodology on Aircraft Tire Market
Research Design
The research methodology for the report ‘Global Aircraft Tire Market’ is based on a mix of primary and secondary research. Secondary research involves the data and information available in the public domain whereas primary research involves interviews with key executives, decision makers and experts in the field. Strategic sourcing techniques have been adopted while conducting primary research. All the necessary parameters collected through secondary and primary research are kept confidential and not shared with any third party.
Scope of the Research
The report focuses on the global aircraft tire market, analyzing its market dynamics such as Industry Trends, Market Drivers, Challenges, and Opportunities.
To analyze and forecast the aircraft tire market, revenue has been estimated in USD million over the period from 2023 to 2030.
The aircraft tire industry report provides a comprehensive analysis and forecast of the global aircraft tire market based on segmenting the market in terms of its tire type, end user, and region.
Information Procurement
The information has been collected from both primary and secondary sources. Secondary sources include press releases, annual reports, investor presentations, white papers, databases, and other sources of market intelligence. The industry experts have been interviewed to obtain and verify the collected data. The report is based on a comprehensive research approach, which comprises secondary and primary data sources.
The secondary sources are namely,
- Company Libraries.
- World Bank Databases.
- Encyclopaedia.
- Industrial Bodies.
- Databases of Industry Associations.
- SEC Filings & Reports.
- Statistical Databases.
The primary research includes interviews with industry stakeholders, opinion makers, experts, and industry players to gain a holistic view of the market.
Bottom-Up Approach
The bottom-up approach is used as the base to analyze market sizes, forecast values, and identify and validate market trends. The bottom-up approach starts with individual parameters such as the total number of aircraft tires sold globally in a year. After collecting and validating numbers for individual parameters, these values are then aggregated to arrive at the global market number.
Top Down Approach
The top-down approach is used to assess the overall market size from the global market down to individual segments and sub-segments. The top-down approach comprises of market breakdowns, research pillars, and market projections. It includes an assessment of the individual market (by technology, end user, etc.) to arrive at respective market increments and product cycles.
Factor Analysis
The macro and micro level factors, that affect the Aircraft Tire market, were studied to analyze the impact of these factors on the global market size. The factor analysis involves scrutinizing macroeconomic factors such as GDP, population size, market trends, and government policies to analyze the impact on the Aircraft Tire market. Additionally, regional, political, macroeconomic, and microeconomic factors are also taken into account while analyzing the market.
Time Series Analysis
Time series analysis is used to estimate the future growth of the market. The time series analysis comprises the analysis of historical data to understand existing trends and predict them to determine the future tendency of the market.
Demand Side Data Triangulation
The demand side data triangulation includes analyzing the data generated from the interviews of various experts to get an accurate market size of the aircraft tire market. The demand side analysis is conducted to gain insights into customer preferences and buying behaviours.
Supply Data Triangulation
The Supply-side data triangulation involves analyzing the data collected from industry sources such as manufacturers, suppliers, and distributors to get an accurate estimate of the aircraft tire market. The supply-side data triangulation helps in understanding the capacity utilization, production, distribution, and supplier dynamics.
Data Collection
The data within the report is collected through interviews with industry experts, opinion makers, and industry players. The data is further validated from trusted sources and websites including white papers, journals, investor presentations, press releases, industry databases, and industry bodies. Information from such sources is collected to get accurate market numbers and figures.
Continuous Monitoring
The report is continuously monitored and updated with the dynamic market conditions and developments. Continuous monitoring is ensured through regular discussions with market experts, primary research, and periodic analysis of the market.
Data Validation
The data accuracy is ensured by conducting a thorough data validation analysis, which includes triangulation of figures sourced from primary and secondary sources. The top-down and bottom-up approaches are adopted to validate obtained data.
Market Estimation
The market numbers have been estimated using the top-down and bottom-up approaches. During the process, a mix of primary and secondary research has been used to estimate the market numbers and to further validate them. The top-down approach is used to derive a comprehensive view of the global market for aircraft tires.
Data Analysis
The collected data is analyzed using different quantitative and qualitative methods to estimate the market size of the aircraft tire. The data analysis process includes statistical analysis, graphical representations, and time series analysis. Additionally, several data mining techniques and analytics are also used to analyze and explore the market potential.