Research Methodology on Airport Ground Support Equipment Market
A Framework of Research Methodology
The research project involves the development of a comprehensive, research-based understanding of the current market trends, as well as the potential growth of the Airport Ground Support Equipment (AGSE) market. This is accomplished by using a combination of qualitative, quantitative and analytical methods to gain a multi-dimensional view of the market. These methods are used to address each objective outlined in the research project.
The primary objective of the research is to evaluate the current trends and outlook of the AGSE market and analyze potential growth opportunities. The secondary objectives are to identify the key players in the market, scrutinize their performance and analyze the competitive landscape.
Research Design
The research design used to address the objectives of the study includes both qualitative and quantitative methodologies. The primary research methodology for the collection of primary data is a combination of interviews, surveys, and questionnaires. The surveys used include open-ended questions, which are more in-depth and help to gain a better understanding of the needs and wants of the industry. The surveys also include close-ended questions, which allow for an easier analysis of numerical data. Furthermore, the industry-specific interviews conducted with the key market players and industry partners provide qualitative data regarding current market trends and future potential growth of the AGSE market.
In addition, secondary sources such as recently published reports and articles, news, and other associated literature will be used to supplement the primary data and validate the findings. Primary sources such as industry experts, consultants and suppliers will also be used to further validate the reliability of the primary data. The secondary sources will be used to identify key industry trends and the size of the potential AGSE market.
Data Collection
The data collection process involves two phases. The first phase focuses on the use of primary data sources, such as interviews and surveys, to gain a comprehensive understanding of the current dynamics of the AGSE market. This involves interviews with industry leaders and stakeholders, surveys of current buyers and questionnaires with end-users. The surveys used are approved by the relevant industry partners and stakeholders to ensure accurate responses.
The second phase will involve the use of secondary data sources to add to and supplement the primary data. This involves literature reviews, data analysis, and research of published reports and articles. Further, industry partners and experts are contacted via email to supplement the primary data and corroborate the findings.
Data Analysis
The collected data is analyzed using the econometric analysis approach. This approach enables the quantification of the collected data into an economic model which is then used to make predictions and forecasts. The economic model also allows for the analysis of the factors influencing the growth of the market and helps to identify potential expansion opportunities.
Furthermore, the secondary data collected from the literature review and other sources are analyzed qualitatively. The analysis includes a thorough investigation of various aspects of the AGSE market, such as technological advancements, competitive landscape, pricing and funding.
Validation
The research study is further validated using a mix of data sources. This will involve the use of both primary and secondary sources of data. The accuracy and usefulness of the data collected are ensured by the use of multiple data sources to cross-validate the original findings. Furthermore, the currency, objectivity, and authenticity of the conclusions reached are further validated using the expertise of the industry partners.
Finally, the reports generated by this research project also be checked and verified by industry experts and stakeholders. The accuracy, usefulness, and objectivity of the research findings and recommendations are evaluated and revised where necessary before the final report is published.
