Key Insights
The Middle East Aircraft Maintenance, Repair, and Overhaul (MRO) industry, valued at $6.18 billion in 2025, is projected to experience steady growth, driven by a robust air travel sector and a burgeoning fleet of aircraft within the region. The Compound Annual Growth Rate (CAGR) of 2.91% from 2025 to 2033 indicates a continuous expansion, fueled by increased passenger traffic, the growth of low-cost carriers, and government investments in aviation infrastructure. Key drivers include the expansion of airline fleets, rising demand for aircraft maintenance services, and a growing focus on aircraft safety and regulatory compliance. The segment encompassing airframe maintenance is expected to dominate the market due to the substantial size of aircraft fleets and the ongoing need for routine and scheduled checks. The industry is witnessing an increasing adoption of advanced technologies, such as predictive maintenance and digital solutions, to enhance efficiency and reduce operational costs. This technological advancement is a significant trend shaping the future of the Middle East MRO landscape. However, factors such as fluctuating fuel prices, geopolitical instability in certain regions, and competition from established global MRO players pose challenges to industry growth.
The competitive landscape is characterized by a mix of both large international players like Safran SA, RTX Corporation, and Rolls-Royce plc, and regional players such as Emirates Engineering and Saudia Aerospace Engineering Industries. The presence of these diverse players creates a dynamic market with varying service offerings and pricing strategies. Geographic concentration is expected, with the UAE, Saudi Arabia, and Qatar representing the largest markets due to their significant aviation hubs and established airline networks. The industry’s future trajectory will be significantly influenced by government policies promoting aviation growth, investments in advanced MRO technologies, and the successful navigation of geopolitical factors. Strategic partnerships and collaborations are likely to play a crucial role in fostering innovation and ensuring sustainable growth within the sector.

Middle-East Aircraft MRO Industry: A Comprehensive Market Report (2019-2033)
This in-depth report provides a comprehensive analysis of the Middle-East Aircraft Maintenance, Repair, and Overhaul (MRO) industry, offering invaluable insights for stakeholders, investors, and industry professionals. The report covers the period 2019-2033, with a focus on the base year 2025 and a forecast period extending to 2033. The analysis delves into market dynamics, key players, technological advancements, and future growth potential, providing actionable intelligence to navigate this dynamic sector. The market is projected to reach xx Million by 2033, representing a robust Compound Annual Growth Rate (CAGR) of xx%.
Middle-East Aircraft MRO Industry Market Concentration & Dynamics
The Middle East Aircraft MRO market exhibits a moderately concentrated structure, with a few major players holding significant market share. Key players such as Emirates Engineering, Etihad Airways Engineering, and Saudia Aerospace Engineering Industries dominate the regional landscape. However, the market also witnesses the presence of numerous smaller, specialized MRO providers catering to niche segments. The market is characterized by a complex interplay of factors including:
- Market Share: Emirates Engineering holds an estimated xx% market share in 2025, followed by Etihad Airways Engineering with xx% and Saudia Aerospace Engineering Industries with xx%. Smaller players collectively hold the remaining share.
- M&A Activity: The historical period (2019-2024) saw xx M&A deals, primarily driven by consolidation efforts among smaller players and strategic expansions by larger entities. The forecast period is expected to witness a further increase in M&A activities, driven by the need for enhanced operational efficiency and technological integration.
- Innovation Ecosystem: The region fosters a growing innovation ecosystem with investments in advanced technologies like AI-powered predictive maintenance and digital twin technologies shaping the industry's future.
- Regulatory Framework: Stringent safety regulations and compliance requirements influence operational costs and strategic decisions for MRO providers. The regulatory landscape is constantly evolving, requiring businesses to adapt to new standards and certifications.
- Substitute Products: The lack of readily available substitutes for specialized MRO services limits competitive pressure from alternative solutions. However, the rise of innovative technologies may lead to the emergence of new competitive pressures in the future.
- End-User Trends: A growing focus on fleet modernization and operational efficiency among airlines is a key driver for the MRO market. The increasing demand for cost-effective solutions and improved turnaround times are shaping consumer behavior.
Middle-East Aircraft MRO Industry Industry Insights & Trends
The Middle East Aircraft MRO market is experiencing significant growth fueled by several factors: the expanding airline industry in the region, rising air passenger traffic, an increasing number of aircraft in operation, and the increasing demand for efficient and reliable maintenance services. The market size reached xx Million in 2024 and is projected to reach xx Million by 2033. Technological disruptions such as the adoption of advanced technologies, including predictive maintenance, digital twin technology, and big data analytics, are significantly impacting the industry, leading to improved efficiency, reduced downtime, and better cost management. Evolving consumer behaviors, focused on value-added services and greater transparency, are forcing MRO providers to adapt their service offerings and operational models. This market is expected to experience substantial growth, driven by factors such as increased air travel demand, fleet expansion, and modernization initiatives.

Key Markets & Segments Leading Middle-East Aircraft MRO Industry
The UAE and Saudi Arabia represent the most significant markets within the Middle East Aircraft MRO industry, accounting for a combined xx% of the total market share in 2025. This dominance is primarily attributed to the presence of major airlines and significant investments in aviation infrastructure.
Dominant Segments:
- Airframe MRO: This segment holds the largest market share due to the significant maintenance requirements of aircraft airframes. Growth is driven by increasing fleet size and aging aircraft requiring regular maintenance.
- Engine MRO: This segment represents a substantial portion of the market due to the complexity and high cost associated with engine maintenance and repairs. Technological advancements in engine design are leading to more specialized maintenance requirements.
- Component & Interior MRO: This segment is growing steadily as airlines focus on optimizing component life cycles and enhancing cabin comfort.
- Line Maintenance: This segment focuses on quick turnaround maintenance, crucial for minimizing aircraft downtime and maximizing operational efficiency.
Drivers:
- Strong Economic Growth: The robust economic growth in several Middle Eastern countries fuels demand for air travel and supports the expansion of the aviation sector.
- Government Initiatives: Government initiatives promoting aviation development and investment in infrastructure provide a favorable environment for growth.
- Strategic Location: The geographic location of the Middle East, connecting Asia, Europe, and Africa, positions it as a significant hub for air traffic, increasing the need for MRO services.
Middle-East Aircraft MRO Industry Product Developments
Significant product innovations are transforming the Middle East MRO industry. The adoption of advanced diagnostic tools, predictive maintenance software, and data analytics platforms are improving maintenance efficiency and reducing operational costs. The integration of augmented reality (AR) and virtual reality (VR) technologies is enhancing training programs and optimizing maintenance procedures. These advancements are providing MRO providers with a competitive edge in a rapidly evolving market.
Challenges in the Middle-East Aircraft MRO Industry Market
The Middle East Aircraft MRO industry faces several challenges, including:
- Stringent Regulatory Compliance: Adhering to stringent safety regulations and certification requirements can increase operational costs.
- Supply Chain Disruptions: Global supply chain disruptions can impact the availability of spare parts and maintenance materials, leading to delays and increased costs.
- Intense Competition: The presence of both established international and regional players creates intense competition, necessitating continuous innovation and efficiency improvements. This competition is putting pressure on pricing and profit margins.
Forces Driving Middle-East Aircraft MRO Industry Growth
Several factors are driving the growth of the Middle East Aircraft MRO market:
- Technological Advancements: The adoption of advanced technologies like predictive maintenance and digital twin technology is optimizing operations and reducing costs.
- Economic Growth: The sustained economic growth in several Middle Eastern countries is leading to increased air travel and expanding aviation infrastructure.
- Favorable Regulatory Environment: Supportive government policies and regulations are fostering investment and innovation within the aviation sector.
Long-Term Growth Catalysts in the Middle-East Aircraft MRO Industry
Long-term growth in the Middle East Aircraft MRO industry is driven by continuous technological innovation, strategic partnerships between MRO providers and airlines, and expansion into new markets. The development of sustainable and environmentally friendly MRO solutions will also play a key role in future growth.
Emerging Opportunities in Middle-East Aircraft MRO Industry
Emerging opportunities include the growth of low-cost carriers, the increasing demand for specialized MRO services for next-generation aircraft, and the expansion of MRO services into adjacent sectors such as unmanned aerial vehicles (UAVs). The adoption of blockchain technology for improved transparency and traceability of maintenance records also presents a significant opportunity.
Leading Players in the Middle-East Aircraft MRO Industry Sector
- Oman Air
- Mamoura Diversified Global Holding PJSC
- Qatar Airways
- Safran SA
- RTX Corporation
- Etihad Airways Engineering LLC
- Lufthansa Technik AG
- Rolls-Royce plc
- Emirates Engineering (Emirates Group)
- Jordan Aircraft Maintenance Limited
- General Electric Company
- ExecuJet MRO Services
- Saudia Aerospace Engineering Industries
Key Milestones in Middle-East Aircraft MRO Industry Industry
- November 2023: Honeywell International Inc. announced a 10-year agreement with Saudia Technic to expand its support network in the Middle East, focusing on the Boeing B777's 331-500 auxiliary power unit maintenance. This significantly strengthens Honeywell's market presence and service capabilities in the region.
- March 2022: Iberia Maintenance secured a 10-year contract with Qatar Airways for the repair and maintenance of V2500 engines. This deal highlights the growing demand for engine MRO services and signifies a major win for Iberia Maintenance in the Middle Eastern market.
Strategic Outlook for Middle-East Aircraft MRO Industry Market
The Middle East Aircraft MRO market is poised for continued growth, driven by the region's expanding aviation sector, increased air travel demand, and technological advancements. Strategic opportunities exist for MRO providers who can leverage digital technologies to enhance efficiency, optimize maintenance processes, and provide value-added services to their airline clients. Focusing on sustainability and adopting environmentally friendly practices will be crucial for long-term success in this dynamic market.
Middle-East Aircraft MRO Industry Segmentation
- 1. Production Analysis
- 2. Consumption Analysis
- 3. Import Market Analysis (Value & Volume)
- 4. Export Market Analysis (Value & Volume)
- 5. Price Trend Analysis
Middle-East Aircraft MRO Industry Segmentation By Geography
-
1. Middle East
- 1.1. Saudi Arabia
- 1.2. United Arab Emirates
- 1.3. Israel
- 1.4. Qatar
- 1.5. Kuwait
- 1.6. Oman
- 1.7. Bahrain
- 1.8. Jordan
- 1.9. Lebanon

Middle-East Aircraft MRO Industry REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 2.91% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. ; Increased Seaborne Threats And Ambiguous Maritime Security Policies; Increasing Adoption Of Security Technologies In Bric Countries
- 3.3. Market Restrains
- 3.3.1. ; High Risk Rate In Ungoverned Zones; Unstructured Security Standards And Technologies
- 3.4. Market Trends
- 3.4.1. Engine MRO to Witness Higher Growth During the Forecast Period
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Middle-East Aircraft MRO Industry Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Production Analysis
- 5.2. Market Analysis, Insights and Forecast - by Consumption Analysis
- 5.3. Market Analysis, Insights and Forecast - by Import Market Analysis (Value & Volume)
- 5.4. Market Analysis, Insights and Forecast - by Export Market Analysis (Value & Volume)
- 5.5. Market Analysis, Insights and Forecast - by Price Trend Analysis
- 5.6. Market Analysis, Insights and Forecast - by Region
- 5.6.1. Middle East
- 5.1. Market Analysis, Insights and Forecast - by Production Analysis
- 6. United Arab Emirates Middle-East Aircraft MRO Industry Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 6.1.1.
- 7. Saudi Arabia Middle-East Aircraft MRO Industry Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 7.1.1.
- 8. Qatar Middle-East Aircraft MRO Industry Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 8.1.1.
- 9. Oman Middle-East Aircraft MRO Industry Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 9.1.1.
- 10. Bahrain Middle-East Aircraft MRO Industry Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 10.1.1.
- 11. Turkey Middle-East Aircraft MRO Industry Analysis, Insights and Forecast, 2019-2031
- 11.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 11.1.1.
- 12. Kuwait Middle-East Aircraft MRO Industry Analysis, Insights and Forecast, 2019-2031
- 12.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 12.1.1.
- 13. Rest of Middle East Middle-East Aircraft MRO Industry Analysis, Insights and Forecast, 2019-2031
- 13.1. Market Analysis, Insights and Forecast - By Country/Sub-region
- 13.1.1.
- 14. Competitive Analysis
- 14.1. Market Share Analysis 2024
- 14.2. Company Profiles
- 14.2.1 Oman Ai
- 14.2.1.1. Overview
- 14.2.1.2. Products
- 14.2.1.3. SWOT Analysis
- 14.2.1.4. Recent Developments
- 14.2.1.5. Financials (Based on Availability)
- 14.2.2 Mamoura Diversified Global Holding PJSC
- 14.2.2.1. Overview
- 14.2.2.2. Products
- 14.2.2.3. SWOT Analysis
- 14.2.2.4. Recent Developments
- 14.2.2.5. Financials (Based on Availability)
- 14.2.3 Qatar Airways
- 14.2.3.1. Overview
- 14.2.3.2. Products
- 14.2.3.3. SWOT Analysis
- 14.2.3.4. Recent Developments
- 14.2.3.5. Financials (Based on Availability)
- 14.2.4 Safran SA
- 14.2.4.1. Overview
- 14.2.4.2. Products
- 14.2.4.3. SWOT Analysis
- 14.2.4.4. Recent Developments
- 14.2.4.5. Financials (Based on Availability)
- 14.2.5 RTX Corporation
- 14.2.5.1. Overview
- 14.2.5.2. Products
- 14.2.5.3. SWOT Analysis
- 14.2.5.4. Recent Developments
- 14.2.5.5. Financials (Based on Availability)
- 14.2.6 Etihad Airways Engineering LLC
- 14.2.6.1. Overview
- 14.2.6.2. Products
- 14.2.6.3. SWOT Analysis
- 14.2.6.4. Recent Developments
- 14.2.6.5. Financials (Based on Availability)
- 14.2.7 Lufthansa Technik AG
- 14.2.7.1. Overview
- 14.2.7.2. Products
- 14.2.7.3. SWOT Analysis
- 14.2.7.4. Recent Developments
- 14.2.7.5. Financials (Based on Availability)
- 14.2.8 Rolls-Royce plc
- 14.2.8.1. Overview
- 14.2.8.2. Products
- 14.2.8.3. SWOT Analysis
- 14.2.8.4. Recent Developments
- 14.2.8.5. Financials (Based on Availability)
- 14.2.9 Emirates Engineering (Emirates Group)
- 14.2.9.1. Overview
- 14.2.9.2. Products
- 14.2.9.3. SWOT Analysis
- 14.2.9.4. Recent Developments
- 14.2.9.5. Financials (Based on Availability)
- 14.2.10 Jordan Aircraft Maintenance Limited
- 14.2.10.1. Overview
- 14.2.10.2. Products
- 14.2.10.3. SWOT Analysis
- 14.2.10.4. Recent Developments
- 14.2.10.5. Financials (Based on Availability)
- 14.2.11 General Electric Company
- 14.2.11.1. Overview
- 14.2.11.2. Products
- 14.2.11.3. SWOT Analysis
- 14.2.11.4. Recent Developments
- 14.2.11.5. Financials (Based on Availability)
- 14.2.12 ExecuJet MRO Services
- 14.2.12.1. Overview
- 14.2.12.2. Products
- 14.2.12.3. SWOT Analysis
- 14.2.12.4. Recent Developments
- 14.2.12.5. Financials (Based on Availability)
- 14.2.13 Saudia Aerospace Engineering Industries
- 14.2.13.1. Overview
- 14.2.13.2. Products
- 14.2.13.3. SWOT Analysis
- 14.2.13.4. Recent Developments
- 14.2.13.5. Financials (Based on Availability)
- 14.2.1 Oman Ai
List of Figures
- Figure 1: Middle-East Aircraft MRO Industry Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Middle-East Aircraft MRO Industry Share (%) by Company 2024
List of Tables
- Table 1: Middle-East Aircraft MRO Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Middle-East Aircraft MRO Industry Revenue Million Forecast, by Production Analysis 2019 & 2032
- Table 3: Middle-East Aircraft MRO Industry Revenue Million Forecast, by Consumption Analysis 2019 & 2032
- Table 4: Middle-East Aircraft MRO Industry Revenue Million Forecast, by Import Market Analysis (Value & Volume) 2019 & 2032
- Table 5: Middle-East Aircraft MRO Industry Revenue Million Forecast, by Export Market Analysis (Value & Volume) 2019 & 2032
- Table 6: Middle-East Aircraft MRO Industry Revenue Million Forecast, by Price Trend Analysis 2019 & 2032
- Table 7: Middle-East Aircraft MRO Industry Revenue Million Forecast, by Region 2019 & 2032
- Table 8: Middle-East Aircraft MRO Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 9: Middle-East Aircraft MRO Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: Middle-East Aircraft MRO Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 11: Middle-East Aircraft MRO Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 12: Middle-East Aircraft MRO Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 13: Middle-East Aircraft MRO Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: Middle-East Aircraft MRO Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 15: Middle-East Aircraft MRO Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 16: Middle-East Aircraft MRO Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 17: Middle-East Aircraft MRO Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 18: Middle-East Aircraft MRO Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 19: Middle-East Aircraft MRO Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: Middle-East Aircraft MRO Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 21: Middle-East Aircraft MRO Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 22: Middle-East Aircraft MRO Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 23: Middle-East Aircraft MRO Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 24: Middle-East Aircraft MRO Industry Revenue Million Forecast, by Production Analysis 2019 & 2032
- Table 25: Middle-East Aircraft MRO Industry Revenue Million Forecast, by Consumption Analysis 2019 & 2032
- Table 26: Middle-East Aircraft MRO Industry Revenue Million Forecast, by Import Market Analysis (Value & Volume) 2019 & 2032
- Table 27: Middle-East Aircraft MRO Industry Revenue Million Forecast, by Export Market Analysis (Value & Volume) 2019 & 2032
- Table 28: Middle-East Aircraft MRO Industry Revenue Million Forecast, by Price Trend Analysis 2019 & 2032
- Table 29: Middle-East Aircraft MRO Industry Revenue Million Forecast, by Country 2019 & 2032
- Table 30: Saudi Arabia Middle-East Aircraft MRO Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 31: United Arab Emirates Middle-East Aircraft MRO Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 32: Israel Middle-East Aircraft MRO Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 33: Qatar Middle-East Aircraft MRO Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 34: Kuwait Middle-East Aircraft MRO Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 35: Oman Middle-East Aircraft MRO Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 36: Bahrain Middle-East Aircraft MRO Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 37: Jordan Middle-East Aircraft MRO Industry Revenue (Million) Forecast, by Application 2019 & 2032
- Table 38: Lebanon Middle-East Aircraft MRO Industry Revenue (Million) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Middle-East Aircraft MRO Industry?
The projected CAGR is approximately 2.91%.
2. Which companies are prominent players in the Middle-East Aircraft MRO Industry?
Key companies in the market include Oman Ai, Mamoura Diversified Global Holding PJSC, Qatar Airways, Safran SA, RTX Corporation, Etihad Airways Engineering LLC, Lufthansa Technik AG, Rolls-Royce plc, Emirates Engineering (Emirates Group), Jordan Aircraft Maintenance Limited, General Electric Company, ExecuJet MRO Services, Saudia Aerospace Engineering Industries.
3. What are the main segments of the Middle-East Aircraft MRO Industry?
The market segments include Production Analysis, Consumption Analysis, Import Market Analysis (Value & Volume), Export Market Analysis (Value & Volume), Price Trend Analysis.
4. Can you provide details about the market size?
The market size is estimated to be USD 6.18 Million as of 2022.
5. What are some drivers contributing to market growth?
; Increased Seaborne Threats And Ambiguous Maritime Security Policies; Increasing Adoption Of Security Technologies In Bric Countries.
6. What are the notable trends driving market growth?
Engine MRO to Witness Higher Growth During the Forecast Period.
7. Are there any restraints impacting market growth?
; High Risk Rate In Ungoverned Zones; Unstructured Security Standards And Technologies.
8. Can you provide examples of recent developments in the market?
November 2023: Honeywell International Inc. announced a 10-year agreement with Saudia Technic to expand the company’s support network in the Middle East. The agreement encompasses a worldwide license for the provision of maintenance to the auxiliary power unit, known as the 331-500, which is integrated into the Boeing B777 aircraft.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Middle-East Aircraft MRO Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Middle-East Aircraft MRO Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Middle-East Aircraft MRO Industry?
To stay informed about further developments, trends, and reports in the Middle-East Aircraft MRO Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence