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REPORT SCOPE & OVERVIEW

In 2022, the Aircraft Battery Market size amounted to USD 388 Million & is estimated to reach USD 1068.55 Million by 2030 and increase at a compound annual growth rate of 13.5% between 2023 and 2030.

Aircraft batteries are devices that convert chemical energy into electrical energy via one or more cells. Aircraft batteries are vital for starting the Auxiliary Power Unit and/or engines and powering up the electrical system during preflight. The APU or engine(s) power generators, give electricity to electrical circuits & recharge batteries as soon as they start up. When all generators fail or need to be isolated, battery power is available as a backup supply, while they ordinarily offer all of the usual electrical power when they are functioning.

Aircraft Battery Market Revenue Analysis

Nickel-cadmium, Lithium-ion, and lead-acid batteries are among the most prominent aviation battery technologies. Some of the important criteria that battery makers strive for when developing aeroplane batteries and related goods include high-energy density, lightweight, low maintenance cost and portability. These batteries must be effective in a wide range of environmental situations while maintaining the highest level of safety. Aviation electrification is gaining popularity in the aviation sector and beyond. To overcome climate issues, new aeroplane technologies are being designed and developed.

They show immense promise for influencing an emissions-free flying future. New aircraft types, however, create challenges due to their reliance on battery technology, such as hybrid or electric designs. Due to the limited energy capacity of current batteries, only tiny aircraft can be powered. Significant developments in battery energy density will enable commercial aircraft electrification in the future. Furthermore, the sustainability of the battery supply chain is critical to ensuring the environmental integrity of the aviation industry's transition to an electric future, from raw material manufacturing to the disposal of end-of-life batteries.

The aerospace industry is currently confronted with the challenge of designing aeroplanes to meet performance and efficiency standards. Governments around the world are primarily defining these needs in their efforts to reduce CO2 emissions and rely less on oil. To do this, aerospace businesses must develop alternate energy sources, particularly hybrid electrification.

The introduction of More Electric aircraft (ME) is a recent market trend. Market competitiveness and global warming have prompted the aircraft industry to address environmental and economic issues. As a result, More Electric Aeroplanes (ME) are now available on the market. Many high-energy-density batteries have been developed as a result of the increase in aeroplane power requirements, notably in the last 20 years, as well as advancements in battery technology and materials. The aircraft industry has made important and well-known contributions to a more sustainable world. According to the Advisory Council for Aviation Research and Innovation in Europe (ACARE), quieter and cleaner aircraft should be available by 2020. Designers and engineers have placed a greater emphasis on embracing technology that can affect both total costs and fuel consumption in order to build a More Electric Aircraft (MA).

MARKET DYNAMICS

DRIVERS:

  • The increasing global demand for air travel has led to a growing commercial aircraft fleet.

  • Increased Use of Avionics is the driver of the Aircraft Battery Market.

Modern aircraft are equipped with sophisticated avionics systems that require reliable power sources. Aircraft batteries play a crucial role in providing power to avionics, communication systems, and cockpit instrumentation.

RESTRAIN:

  • Aircraft batteries must meet strict weight constraints to avoid negatively impacting the aircraft's overall weight and fuel efficiency.

  • Limited Energy Density is the restraint of the Aircraft Battery Market.

The energy density of current battery technologies, such as lithium-ion, may not be sufficient for long-haul or large commercial aircraft. This limitation can affect the range and performance of electric or hybrid aircraft.

OPPORTUNITY:

  • The shift toward electric and hybrid-electric aircraft presents a significant opportunity for the aircraft battery market.

  • Advanced Battery Technologies is an opportunity for the Aircraft Battery Market

Ongoing research and development efforts are leading to advancements in battery technology, such as higher energy density, longer cycle life, and improved safety features. These innovations open up opportunities for manufacturers to develop and supply cutting-edge aircraft batteries.

CHALLENGES:

  • Developing aviation-grade batteries that meet the rigorous requirements of the aerospace industry can be expensive.

  • Market Niche is the challenge of the Aircraft Battery Market.

The market for aircraft batteries is relatively small compared to other industries that use batteries, which can limit economies of scale and drive up production costs.

IMPACT OF RUSSIAN RUSSIAN-UKRAINE WAR

The Russian Aerospace Force (RuAF) appears to have launched a concerted attack on the Patriot battery, eliciting a response resembling an epileptic fit induced by fury. The much-touted long-range Patriot air defence (AD) system, which represents cutting-edge US anti-missile technology, launched over 30 missiles, each costing $5 million, in less than 2 minutes.

According to the missile launch trajectories, several distinct launchers were used in the retaliatory Patriot fire. Several shots were fired at the battery during the attack. Some Patriot missiles appear to have hit their intended targets. The targets, however, were at heights characteristic of cruise missile flight trajectories. A successful Kinzhal encounter is only achievable at extremely high altitudes when the missile has just left its launcher and is still travelling at supersonic speeds. Once the missile reaches hypersonic speeds, it begins to manoeuvre evasively and becomes extremely tough to target. In this war, the Aircraft Battery Market is gaining profit up to 2-3 %.

IMPACT OF ONGOING RECESSION

A mild US recession in 2023 would dampen aircraft production, resulting in a longer, but generally consistent, mid-single-digit climb towards 2018 delivery levels. In the context of recovering, healthy air travel demand and carriers' long-term approach to fleet planning, customers would balance new aircraft acquisitions with liquidity levels. Base case assumptions now include a faster rebound by 2024. Despite the forecast for a small US recession in 2023, Anticipate Boeing's major commercial aircraft deliveries (MAX, 787, & others) to increase to over 500 in 2022 and more than 600 in 2023, powered by strong narrow-body demand (80% of deliveries). Strong domestic air traffic demand and greater OEM production rates should help to continue the US aerospace recovery in terms of FCF generation, profitability, & revenue growth.

KEY MARKET SEGMENTS

By Offering

  • Service

  • Product

By Aircraft Type

  • AAM

  • Rotary-wing

  • UAV

  • Fixed-wing

By End User

  • Aftermarket

  • OEM

Aircraft Battery Market Segmentation Analysis

REGIONAL COVERAGE:

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

REGIONAL ANALYSIS

North America: The North American region has the most aeroplane battery manufacturers of any location. North America also spends extensively on research and development of innovative battery technology essential for current and future aircraft technologies.

Asia Pacific: The Asia-Pacific area is predicted to develop at the fastest rate over the projection period, owing to the region's rebounding passenger traffic and carriers' robust acquisition of commercial aircraft. As part of fleet growth and modernization programmes, airlines in India, China, South Korea and Japan have large order books for narrow-body and wide-body aircraft from aircraft OEMs.

Key players

Some major key players in the Aircraft Battery Market are Kokam, EnerSys, GS Yuasa Corporation, Cella Energy, Concorde Batteries, Saft, Teledyne Battery Products, MGM Compro, EaglePicher Technologies, Custom cells and other players.

Kokam-Company Financial Analysis

RECENT DEVELOPMENT

In 2022: Ampaire, a pioneer in electric aviation, has chosen Electric Power Systems (EP Systems) to supply the propulsion battery pack for its hybrid-electric upgrade of the Cessna Grand Caravan under an exclusive agreement. It is the FAA's first hybrid-electric aircraft to enter the certification process. The updated aircraft is projected to receive supplemental-type certification in 2024.

In 2022: Vertical Aerospace, a worldwide aerospace and technology firm pioneering zero-emissions aviation, has formed a strategic alliance with Molicel to supply high-power cylindrical cells for Vertical's VX4 VTOL aircraft.

Aircraft Battery Market Report Scope:
Report Attributes Details
Market Size in 2022  US$ 388 Million
Market Size by 2030  US$ 1068.55 Million
CAGR   CAGR of 13.5 % From 2023 to 2030
Base Year 2022
Forecast Period  2023-2030
Historical Data  2019-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Offering (Service, Product)
• By Aircraft Type (AAM, Rotary-wing, UAV, Fixed-wing)
• By End User (Aftermarket, OEM)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Company Profiles Kokam, EnerSys, GS Yuasa Corporation, Cella Energy, Concorde Batteries, Saft, Teledyne Battery Products, MGM Compro, EaglePicher Technologies, Custom cells
Key Drivers • The increasing global demand for air travel has led to a growing commercial aircraft fleet.
• Increased Use of Avionics is the driver of the Aircraft Battery Market.
Market Challenges • Developing aviation-grade batteries that meet the rigorous requirements of the aerospace industry can be expensive.
• Market Niche is the challenge of the Aircraft Battery Market.

 

Frequently Asked Questions

Ans. The Compound Annual Growth rate for the Aircraft Battery Market over the forecast period is 13.5%.

Ans. USD 1068.55 Million is the projected Aircraft Battery Market size of the market by 2030.

Ans. The Aircraft Battery Market is anticipated to reach USD 388 Million by 2022.

Ans. Manufacturers of aviation batteries are continually attempting to create even better lithium-ion aircraft batteries in terms of performance, safety, and efficiency. For example, lithium-sulphur batteries, which are extremely light and have an energy density that is more than double that of lithium-ion batteries, are establishing a name for themselves in the aircraft battery sector. Lithium-sulphur batteries provide the power and durability required for aeroplane operations at a lower cost, and they are also safe enough. Because of their energy density, these batteries provide the strength and durability required for aviation.

Ans. Global warming and market competitiveness have compelled the aircraft industry to address economic and environmental considerations. As a result, more electric aircraft are now available on the market. The increase in aircraft power requirements, particularly in the previous two decades, along with advancements in battery materials and technology, has resulted in the creation of numerous high energy density batteries.

Table of Contents

1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges

4. Impact Analysis
4.1 Impact of Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Aircraft Battery Market Segmentation, By Offering
8.1 Service
8.2 Product

9. Aircraft Battery Market Segmentation, By Aircraft Type
9.1 AAM
9.2 Rotary-wing
9.3 UAV
9.4 Fixed-wing

10. Aircraft Battery Market Segmentation, By End User
10.1 Aftermarket
10.2 OEM

11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Aircraft Battery Market by Country
11.2.2 North America Aircraft Battery Market by Offering
11.2.3 North America Aircraft Battery Market by Aircraft Type
11.2.4 North America Aircraft Battery Market by End User
11.2.5 USA
11.2.5.1 USA Aircraft Battery Market by Offering
11.2.5.2 USA Aircraft Battery Market by Aircraft Type
11.2.5.3 USA Aircraft Battery Market by End User
11.2.6 Canada
11.2.6.1 Canada Aircraft Battery Market by Offering
11.2.6.2 Canada Aircraft Battery Market by Aircraft Type
11.2.6.3 Canada Aircraft Battery Market by End User
11.2.7 Mexico
11.2.7.1 Mexico Aircraft Battery Market by Offering
11.2.7.2 Mexico Aircraft Battery Market by Aircraft Type
11.2.7.3 Mexico Aircraft Battery Market by End User
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Aircraft Battery Market by Country
11.3.1.2 Eastern Europe Aircraft Battery Market by Offering
11.3.1.3 Eastern Europe Aircraft Battery Market by Aircraft Type
11.3.1.4 Eastern Europe Aircraft Battery Market by End User
11.3.1.5 Poland
11.3.1.5.1 Poland Aircraft Battery Market by Offering
11.3.1.5.2 Poland Aircraft Battery Market by Aircraft Type
11.3.1.5.3 Poland Aircraft Battery Market by End User
11.3.1.6 Romania
11.3.1.6.1 Romania Aircraft Battery Market by Offering
11.3.1.6.2 Romania Aircraft Battery Market by Aircraft Type
11.3.1.6.4 Romania Aircraft Battery Market by End User
11.3.1.7 Turkey
11.3.1.7.1 Turkey Aircraft Battery Market by Offering
11.3.1.7.2 Turkey Aircraft Battery Market by Aircraft Type
11.3.1.7.3 Turkey Aircraft Battery Market by End User
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Aircraft Battery Market by Offering
11.3.1.8.2 Rest of Eastern Europe Aircraft Battery Market by Aircraft Type
11.3.1.8.3 Rest of Eastern Europe Aircraft Battery Market by End User
11.3.2 Western Europe
11.3.2.1 Western Europe Aircraft Battery Market by Country
11.3.2.2 Western Europe Aircraft Battery Market by Offering
11.3.2.3 Western Europe Aircraft Battery Market by Aircraft Type
11.3.2.4 Western Europe Aircraft Battery Market by End User
11.3.2.5 Germany
11.3.2.5.1 Germany Aircraft Battery Market by Offering
11.3.2.5.2 Germany Aircraft Battery Market by Aircraft Type
11.3.2.5.3 Germany Aircraft Battery Market by End User
11.3.2.6 France
11.3.2.6.1 France Aircraft Battery Market by Offering
11.3.2.6.2 France Aircraft Battery Market by Aircraft Type
11.3.2.6.3 France Aircraft Battery Market by End User
11.3.2.7 UK
11.3.2.7.1 UK Aircraft Battery Market by Offering
11.3.2.7.2 UK Aircraft Battery Market by Aircraft Type
11.3.2.7.3 UK Aircraft Battery Market by End User
11.3.2.8 Italy
11.3.2.8.1 Italy Aircraft Battery Market by Offering
11.3.2.8.2 Italy Aircraft Battery Market by Aircraft Type
11.3.2.8.3 Italy Aircraft Battery Market by End User
11.3.2.9 Spain
11.3.2.9.1 Spain Aircraft Battery Market by Offering
11.3.2.9.2 Spain Aircraft Battery Market by Aircraft Type
11.3.2.9.3 Spain Aircraft Battery Market by End User
11.3.2.10 Netherlands
11.3.2.10.1 Netherlands Aircraft Battery Market by Offering
11.3.2.10.2 Netherlands Aircraft Battery Market by Aircraft Type
11.3.2.10.3 Netherlands Aircraft Battery Market by End User
11.3.2.11 Switzerland
11.3.2.11.1 Switzerland Aircraft Battery Market by Offering
11.3.2.11.2 Switzerland Aircraft Battery Market by Aircraft Type
11.3.2.11.3 Switzerland Aircraft Battery Market by End User
11.3.2.1.12 Austria
11.3.2.12.1 Austria Aircraft Battery Market by Offering
11.3.2.12.2 Austria Aircraft Battery Market by Aircraft Type
11.3.2.12.3 Austria Aircraft Battery Market by End User
11.3.2.13 Rest of Western Europe
11.3.2.13.1 Rest of Western Europe Aircraft Battery Market by Offering
11.3.2.13.2 Rest of Western Europe Aircraft Battery Market by Aircraft Type
11.3.2.13.3 Rest of Western Europe Aircraft Battery Market by End User
11.4 Asia-Pacific
11.4.1 Asia-Pacific Aircraft Battery Market by Country
11.4.2 Asia-Pacific Aircraft Battery Market by Offering
11.4.3 Asia-Pacific Aircraft Battery Market by Aircraft Type
11.4.4 Asia-Pacific Aircraft Battery Market by End User
11.4.5 China
11.4.5.1 China Aircraft Battery Market by Offering
11.4.5.2 China Aircraft Battery Market by End User
11.4.5.3 China Aircraft Battery Market by Aircraft Type
11.4.6 India
11.4.6.1 India Aircraft Battery Market by Offering
11.4.6.2 India Aircraft Battery Market by Aircraft Type
11.4.6.3 India Aircraft Battery Market by End User
11.4.7 japan
11.4.7.1 Japan Aircraft Battery Market by Offering
11.4.7.2 Japan Aircraft Battery Market by Aircraft Type
11.4.7.3 Japan Aircraft Battery Market by End User
11.4.8 South Korea
11.4.8.1 South Korea Aircraft Battery Market by Offering
11.4.8.2 South Korea Aircraft Battery Market by Aircraft Type
11.4.8.3 South Korea Aircraft Battery Market by End User
11.4.9 Vietnam
11.4.9.1 Vietnam Aircraft Battery Market by Offering
11.4.9.2 Vietnam Aircraft Battery Market by Aircraft Type
11.4.9.3 Vietnam Aircraft Battery Market by End User
11.4.10 Singapore
11.4.10.1 Singapore Aircraft Battery Market by Offering
11.4.10.2 Singapore Aircraft Battery Market by Aircraft Type
11.4.10.3 Singapore Aircraft Battery Market by End User
11.4.11 Australia
11.4.11.1 Australia Aircraft Battery Market by Offering
11.4.11.2 Australia Aircraft Battery Market by Aircraft Type
11.4.11.3 Australia Aircraft Battery Market by End User
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Aircraft Battery Market by Offering
11.4.12.2 Rest of Asia-Pacific Aircraft Battery Market by Aircraft Type
11.4.12.3 Rest of Asia-Pacific Aircraft Battery Market by End User
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Aircraft Battery Market by Country
11.5.1.2 Middle East Aircraft Battery Market by Offering
11.5.1.3 Middle East Aircraft Battery Market by Aircraft Type
11.5.1.4 Middle East Aircraft Battery Market by End User
11.5.1.5 UAE
11.5.1.5.1 UAE Aircraft Battery Market by Offering
11.5.1.5.2 UAE Aircraft Battery Market by Aircraft Type
11.5.1.5.3 UAE Aircraft Battery Market by End User
11.5.1.6 Egypt
11.5.1.6.1 Egypt Aircraft Battery Market by Offering
11.5.1.6.2 Egypt Aircraft Battery Market by Aircraft Type
11.5.1.6.3 Egypt Aircraft Battery Market by End User
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Aircraft Battery Market by Offering
11.5.1.7.2 Saudi Arabia Aircraft Battery Market by Aircraft Type
11.5.1.7.3 Saudi Arabia Aircraft Battery Market by End User
11.5.1.8 Qatar
11.5.1.8.1 Qatar Aircraft Battery Market by Offering
11.5.1.8.2 Qatar Aircraft Battery Market by Aircraft Type
11.5.1.8.3 Qatar Aircraft Battery Market by End User
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Aircraft Battery Market by Offering
11.5.1.9.2 Rest of Middle East Aircraft Battery Market by Aircraft Type
11.5.1.9.3 Rest of Middle East Aircraft Battery Market by End User
11.5.2 Africa
11.5.2.1 Africa Aircraft Battery Market by Country
11.5.2.2 Africa Aircraft Battery Market by Offering
11.5.2.3 Africa Aircraft Battery Market by Aircraft Type
11.5.2.4 Africa Aircraft Battery Market by End User
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Aircraft Battery Market by Offering
11.5.2.5.2 Nigeria Aircraft Battery Market by Aircraft Type
11.5.2.5.3 Nigeria Aircraft Battery Market by End User
11.5.2.6 South Africa
11.5.2.6.1 South Africa Aircraft Battery Market by Offering
11.5.2.6.2 South Africa Aircraft Battery Market by Aircraft Type
11.5.2.6.3 South Africa Aircraft Battery Market by End User
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Aircraft Battery Market by Offering
11.5.2.7.2 Rest of Africa Aircraft Battery Market by Aircraft Type
11.5.2.7.3 Rest of Africa Aircraft Battery Market by End User
11.6 Latin America
11.6.1 Latin America Aircraft Battery Market by Country
11.6.2 Latin America Aircraft Battery Market by Offering
11.6.3 Latin America Aircraft Battery Market by Aircraft Type
11.6.4 Latin America Aircraft Battery Market by End User
11.6.5 Brazil
11.6.5.1 Brazil Aircraft Battery Market by Offering
11.6.5.2 Brazil Aircraft Battery Market by Aircraft Type
11.6.5.3 Brazil Aircraft Battery Market by End User
11.6.6 Argentina
11.6.6.1 Argentina Aircraft Battery Market by Offering
11.6.6.2 Argentina Aircraft Battery Market by Aircraft Type
11.6.6.3 Argentina Aircraft Battery Market by End User
11.6.7 Colombia
11.6.7.1 Colombia Aircraft Battery Market by Offering
11.6.7.2 Colombia Aircraft Battery Market by Aircraft Type
11.6.7.3 Colombia Aircraft Battery Market by End User
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Aircraft Battery Market by Offering
11.6.8.2 Rest of Latin America Aircraft Battery Market by Aircraft Type
11.6.8.3 Rest of Latin America Aircraft Battery Market by End User

12 Company profile
12.1 Kokam
12.1.1 Company Overview
12.1.2 Financials
12.1.3 Product/Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 Enersys
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 GS Yuasa Corporation
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 Cella Energy
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Concorde Batteries
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 Saft
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Teledyne Battery Products
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 MGM Compro
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 EaglePicher Technologies
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Custom cells
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View

13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions

14. Use Case and Best Practices

15. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

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This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

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Data Bank Validation

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