Global Commercial UAV Market Report & Forecast 2022-2028

1 Study Coverage
1.1 Commercial UAV Product Introduction
1.2 Global Commercial UAV Outlook 2017 VS 2022 VS 2028
1.2.1 Global Commercial UAV Sales in US$ Million for the Year 2017-2028
1.2.2 Global Commercial UAV Sales in Volume for the Year 2017-2028
1.3 United States Commercial UAV Outlook 2017 VS 2022 VS 2028
1.3.1 United States Commercial UAV Sales in US$ Million for the Year 2017-2028
1.3.2 United States Commercial UAV Sales in Volume for the Year 2017-2028
1.4 Commercial UAV Market Size, United States VS Global, 2017 VS 2022 VS 2028
1.4.1 The Market Share of United States Commercial UAV in Global, 2017 VS 2022 VS 2028
1.4.2 The Growth Rate of Commercial UAV Market Size, United States VS Global, 2017 VS 2022 VS 2028
1.5 Commercial UAV Market Dynamics
1.5.1 Commercial UAV Industry Trends
1.5.2 Commercial UAV Market Drivers
1.5.3 Commercial UAV Market Challenges
1.5.4 Commercial UAV Market Restraints
1.6 Study Objectives
1.7 Years Considered
2 Market by Type
2.1 Commercial UAV Market Segment by Type
2.1.1 Micro UAV
2.1.2 Mini UAV
2.1.3 Other UAV
2.2 Global Commercial UAV Market Size by Type
2.2.1 Global Commercial UAV Sales in Value, by Type (2017, 2022 & 2028)
2.2.2 Global Commercial UAV Sales in Volume, by Type (2017, 2022 & 2028)
2.2.3 Global Commercial UAV Average Selling Price (ASP) by Type (2017, 2022 & 2028)
2.3 United States Commercial UAV Market Size by Type
2.3.1 United States Commercial UAV Sales in Value, by Type (2017, 2022 & 2028)
2.3.2 United States Commercial UAV Sales in Volume, by Type (2017, 2022 & 2028)
2.3.3 United States Commercial UAV Average Selling Price (ASP) by Type (2017, 2022 & 2028)
3 Market by Application
3.1 Commercial UAV Market Segment by Application
3.1.1 Delivery UAV
3.1.2 Agriculture Monitoring
3.1.3 Oil and Gas
3.1.4 Law Enforcement
3.1.5 Disaster Management
3.1.6 Entertainment, Media, and Mapping
3.1.7 Networking for Remote Areas
3.1.8 Environmental UAV
3.1.9 Real Estate & Construction
3.1.10 Others
3.2 Global Commercial UAV Market Size by Application
3.2.1 Global Commercial UAV Sales in Value, by Application (2017, 2022 & 2028)
3.2.2 Global Commercial UAV Sales in Volume, by Application (2017, 2022 & 2028)
3.3.3 Global Commercial UAV Average Selling Price (ASP) by Application (2017, 2022 & 2028)
3.3 United States Commercial UAV Market Size by Application
3.3.1 United States Commercial UAV Sales in Value, by Application (2017, 2022 & 2028)
3.3.2 United States Commercial UAV Sales in Volume, by Application (2017, 2022 & 2028)
3.3.3 United States Commercial UAV Average Selling Price (ASP) by Application (2017, 2022 & 2028)
4 Global Commercial UAV Competitor Landscape by Company
4.1 Global Commercial UAV Market Size by Company
4.1.1 Top Global Commercial UAV Manufacturers Ranked by Revenue (2021)
4.1.2 Global Commercial UAV Revenue by Manufacturer (2017-2022)
4.1.3 Global Commercial UAV Sales by Manufacturer (2017-2022)
4.1.4 Global Commercial UAV Price by Manufacturer (2017-2022)
4.2 Global Commercial UAV Concentration Ratio (CR)
4.2.1 Commercial UAV Market Concentration Ratio (CR) (2017-2022)
4.2.2 Global Top 5 and Top 10 Largest Manufacturers of Commercial UAV in 2021
4.2.3 Global Commercial UAV Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.3 Global Commercial UAV Manufacturing Base Distribution, Product Type
4.3.1 Global Commercial UAV Manufacturers, Headquarters and Distribution of Producing Region
4.3.2 Manufacturers Commercial UAV Product Type
4.3.3 Date of International Manufacturers Enter into Commercial UAV Market
4.4 Manufacturers Mergers & Acquisitions, Expansion Plans
4.5 United States Commercial UAV Market Size by Company
4.5.1 Top Commercial UAV Players in United States, Ranked by Revenue (2021)
4.5.2 United States Commercial UAV Revenue by Players (2020, 2021 & 2022)
4.5.3 United States Commercial UAV Sales by Players (2020, 2021 & 2022)
5 Global Commercial UAV Market Size by Region
5.1 Global Commercial UAV Market Size by Region: 2017 VS 2022 VS 2028
5.2 Global Commercial UAV Market Size in Volume by Region (2017-2028)
5.2.1 Global Commercial UAV Sales in Volume by Region: 2017-2022
5.2.2 Global Commercial UAV Sales in Volume Forecast by Region (2023-2028)
5.3 Global Commercial UAV Market Size in Value by Region (2017-2028)
5.3.1 Global Commercial UAV Sales in Value by Region: 2017-2022
5.3.2 Global Commercial UAV Sales in Value by Region: 2023-2028
6 Segment in Region Level & Country Level
6.1 North America
6.1.1 North America Commercial UAV Market Size YoY Growth 2017-2028
6.1.2 North America Commercial UAV Market Facts & Figures by Country (2017, 2022 & 2028)
6.1.3 U.S.
6.1.4 Canada
6.2 Asia-Pacific
6.2.1 Asia-Pacific Commercial UAV Market Size YoY Growth 2017-2028
6.2.2 Asia-Pacific Commercial UAV Market Facts & Figures by Region (2017, 2022 & 2028)
6.2.3 China
6.2.4 Japan
6.2.5 South Korea
6.2.6 India
6.2.7 Australia
6.2.8 Taiwan
6.2.9 Indonesia
6.2.10 Thailand
6.2.11 Malaysia
6.2.12 Philippines
6.3 Europe
6.3.1 Europe Commercial UAV Market Size YoY Growth 2017-2028
6.3.2 Europe Commercial UAV Market Facts & Figures by Country (2017, 2022 & 2028)
6.3.3 Germany
6.3.4 France
6.3.5 U.K.
6.3.6 Italy
6.3.7 Russia
6.4 Latin America
6.4.1 Latin America Commercial UAV Market Size YoY Growth 2017-2028
6.4.2 Latin America Commercial UAV Market Facts & Figures by Country (2017, 2022 & 2028)
6.4.3 Mexico
6.4.4 Brazil
6.4.5 Argentina
6.5 Middle East and Africa
6.5.1 Middle East and Africa Commercial UAV Market Size YoY Growth 2017-2028
6.5.2 Middle East and Africa Commercial UAV Market Facts & Figures by Country (2017, 2022 & 2028)
6.5.3 Turkey
6.5.4 Saudi Arabia
6.5.5 U.A.E
7 Company Profiles
7.1 DJI
7.1.1 DJI Corporation Information
7.1.2 DJI Description and Business Overview
7.1.3 DJI Commercial UAV Sales, Revenue and Gross Margin (2017-2022)
7.1.4 DJI Commercial UAV Products Offered
7.1.5 DJI Recent Development
7.2 Parrot
7.2.1 Parrot Corporation Information
7.2.2 Parrot Description and Business Overview
7.2.3 Parrot Commercial UAV Sales, Revenue and Gross Margin (2017-2022)
7.2.4 Parrot Commercial UAV Products Offered
7.2.5 Parrot Recent Development
7.3 3D Robotics
7.3.1 3D Robotics Corporation Information
7.3.2 3D Robotics Description and Business Overview
7.3.3 3D Robotics Commercial UAV Sales, Revenue and Gross Margin (2017-2022)
7.3.4 3D Robotics Commercial UAV Products Offered
7.3.5 3D Robotics Recent Development
7.4 Intel (AscTec)
7.4.1 Intel (AscTec) Corporation Information
7.4.2 Intel (AscTec) Description and Business Overview
7.4.3 Intel (AscTec) Commercial UAV Sales, Revenue and Gross Margin (2017-2022)
7.4.4 Intel (AscTec) Commercial UAV Products Offered
7.4.5 Intel (AscTec) Recent Development
7.5 Xaircraft
7.5.1 Xaircraft Corporation Information
7.5.2 Xaircraft Description and Business Overview
7.5.3 Xaircraft Commercial UAV Sales, Revenue and Gross Margin (2017-2022)
7.5.4 Xaircraft Commercial UAV Products Offered
7.5.5 Xaircraft Recent Development
7.6 Microdrones
7.6.1 Microdrones Corporation Information
7.6.2 Microdrones Description and Business Overview
7.6.3 Microdrones Commercial UAV Sales, Revenue and Gross Margin (2017-2022)
7.6.4 Microdrones Commercial UAV Products Offered
7.6.5 Microdrones Recent Development
7.7 AeroVironment
7.7.1 AeroVironment Corporation Information
7.7.2 AeroVironment Description and Business Overview
7.7.3 AeroVironment Commercial UAV Sales, Revenue and Gross Margin (2017-2022)
7.7.4 AeroVironment Commercial UAV Products Offered
7.7.5 AeroVironment Recent Development
7.8 Yamaha
7.8.1 Yamaha Corporation Information
7.8.2 Yamaha Description and Business Overview
7.8.3 Yamaha Commercial UAV Sales, Revenue and Gross Margin (2017-2022)
7.8.4 Yamaha Commercial UAV Products Offered
7.8.5 Yamaha Recent Development
7.9 Draganflyer
7.9.1 Draganflyer Corporation Information
7.9.2 Draganflyer Description and Business Overview
7.9.3 Draganflyer Commercial UAV Sales, Revenue and Gross Margin (2017-2022)
7.9.4 Draganflyer Commercial UAV Products Offered
7.9.5 Draganflyer Recent Development
8 Industry Chain and Sales Channels Analysis
8.1 Commercial UAV Industry Chain Analysis
8.2 Commercial UAV Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Commercial UAV Distributors
8.3 Commercial UAV Production Mode & Process
8.4 Commercial UAV Sales and Marketing
8.4.1 Commercial UAV Sales Channels
8.4.2 Commercial UAV Distributors
8.5 Commercial UAV Customers
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer

List of Tables
Table 1. Commercial UAV CAGR in Value, United States VS Global, 2017 VS 2022 VS 2028
Table 2. Commercial UAV Market Trends
Table 3. Commercial UAV Market Drivers
Table 4. Commercial UAV Market Challenges
Table 5. Commercial UAV Market Restraints
Table 6. Global Commercial UAV Sales by Type: 2017 VS 2022 VS 2028 (US$ Million)
Table 7. United States Commercial UAV Sales by Type: 2017 VS 2022 VS 2028 (US$ Million)
Table 8. Global Commercial UAV Sales by Application: 2017 VS 2022 VS 2028 (US$ Million)
Table 9. United States Commercial UAV Sales by Application: 2017 VS 2022 VS 2028 (US$ Million)
Table 10. Top Commercial UAV Manufacturers in Global Market, Ranking by Revenue (2021)
Table 11. Global Commercial UAV Revenue by Manufacturer, (US$ Million), 2017-2022
Table 12. Global Commercial UAV Revenue Share by Manufacturer, 2017-2022
Table 13. Global Commercial UAV Sales by Manufacturer, (Units), 2017-2022
Table 14. Global Commercial UAV Sales Share by Manufacturer, 2017-2022
Table 15. Global Commercial UAV Price by Manufacturer (2017-2022) & (USD/Unit)
Table 16. Global Commercial UAV Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 17. Global Commercial UAV by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Commercial UAV as of 2021)
Table 18. Top Players of Commercial UAV in Global Market, Headquarters and Distribution of Producing Region
Table 19. Manufacturers Commercial UAV Product Type
Table 20. Date of International Manufacturers Enter into Commercial UAV Market
Table 21. Manufacturers Mergers & Acquisitions, Expansion Plans
Table 22. Top Commercial UAV Players in United States Market, Ranking by Revenue (2021)
Table 23. United States Commercial UAV Revenue by Players, (US$ Million), 2020, 2021 & 2022
Table 24. United States Commercial UAV Revenue Share by Players, 2020, 2021 & 2022
Table 25. United States Commercial UAV Sales by Players, (Units), 2020, 2021 & 2022
Table 26. United States Commercial UAV Sales Share by Players, 2020, 2021 & 2022
Table 27. Global Commercial UAV Market Size by Region (US$ Million): 2017 VS 2022 VS 2028
Table 28. Global Commercial UAV Sales in Volume by Region (2017-2022) & (Units)
Table 29. Global Commercial UAV Sales in Volume Forecast by Region (2023-2028) & (Units)
Table 30. Global Commercial UAV Sales in Value by Region (2017-2022) & (US$ Million)
Table 31. Global Commercial UAV Sales in Value Forecast by Region (2023-2028) & (US$ Million)
Table 32. North America Commercial UAV Sales in Volume by Country (2017-2028) & (Units)
Table 33. North America Commercial UAV Sales in Value by Country (2017-2028) & (US$ Million)
Table 34. Asia Pacific Commercial UAV Sales in Volume by Region (2017-2028) & (Units)
Table 35. Asia Pacific Commercial UAV Sales in Value by Region (2017-2028) & (US$ Million)
Table 36. Europe Commercial UAV Sales in Volume by Country (2017-2028) & (Units)
Table 37. Europe Commercial UAV Sales in Value by Country (2017-2028) & (US$ Million)
Table 38. Latin America Commercial UAV Sales in Volume by Country (2017-2028) & (Units)
Table 39. Latin Americaa Commercial UAV Sales in Value by Country (2017-2028) & (US$ Million)
Table 40. Middle East and Africa Commercial UAV Sales in Volume by Country (2017-2028) & (Units)
Table 41. Middle East and Africa Commercial UAV Sales in Value by Country (2017-2028) & (US$ Million)
Table 42. DJI Corporation Information
Table 43. DJI Description and Business Overview
Table 44. DJI Commercial UAV Sales (Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
Table 45. DJI Commercial UAV Product
Table 46. DJI Recent Development
Table 47. Parrot Corporation Information
Table 48. Parrot Description and Business Overview
Table 49. Parrot Commercial UAV Sales (Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
Table 50. Parrot Product
Table 51. Parrot Recent Development
Table 52. 3D Robotics Corporation Information
Table 53. 3D Robotics Description and Business Overview
Table 54. 3D Robotics Commercial UAV Sales (Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
Table 55. 3D Robotics Product
Table 56. 3D Robotics Recent Development
Table 57. Intel (AscTec) Corporation Information
Table 58. Intel (AscTec) Description and Business Overview
Table 59. Intel (AscTec) Commercial UAV Sales (Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
Table 60. Intel (AscTec) Product
Table 61. Intel (AscTec) Recent Development
Table 62. Xaircraft Corporation Information
Table 63. Xaircraft Description and Business Overview
Table 64. Xaircraft Commercial UAV Sales (Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
Table 65. Xaircraft Product
Table 66. Xaircraft Recent Development
Table 67. Microdrones Corporation Information
Table 68. Microdrones Description and Business Overview
Table 69. Microdrones Commercial UAV Sales (Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
Table 70. Microdrones Product
Table 71. Microdrones Recent Development
Table 72. AeroVironment Corporation Information
Table 73. AeroVironment Description and Business Overview
Table 74. AeroVironment Commercial UAV Sales (Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
Table 75. AeroVironment Product
Table 76. AeroVironment Recent Development
Table 77. Yamaha Corporation Information
Table 78. Yamaha Description and Business Overview
Table 79. Yamaha Commercial UAV Sales (Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
Table 80. Yamaha Product
Table 81. Yamaha Recent Development
Table 82. Draganflyer Corporation Information
Table 83. Draganflyer Description and Business Overview
Table 84. Draganflyer Commercial UAV Sales (Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2017-2022)
Table 85. Draganflyer Product
Table 86. Draganflyer Recent Development
Table 87. Key Raw Materials Lists
Table 88. Raw Materials Key Suppliers Lists
Table 89. Commercial UAV Customers List
Table 90. Commercial UAV Distributors List
Table 91. Research Programs/Design for This Report
Table 92. Key Data Information from Secondary Sources
Table 93. Key Data Information from Primary Sources
List of Figures
Figure 1. Commercial UAV Product Picture
Figure 2. Global Commercial UAV Revenue, (US$ Million), 2017 VS 2022 VS 2028
Figure 3. Global Commercial UAV Market Size 2017-2028 (US$ Million)
Figure 4. Global Commercial UAV Sales 2017-2028 (Units)
Figure 5. United States Commercial UAV Revenue, (US$ Million), 2017 VS 2022 VS 2028
Figure 6. United States Commercial UAV Market Size 2017-2028 (US$ Million)
Figure 7. United States Commercial UAV Sales 2017-2028 (Units)
Figure 8. United States Commercial UAV Market Share in Global, in Value (US$ Million) 2017-2028
Figure 9. United States Commercial UAV Market Share in Global, in Volume (Units) 2017-2028
Figure 10. Commercial UAV Report Years Considered
Figure 11. Product Picture of Micro UAV
Figure 12. Product Picture of Mini UAV
Figure 13. Product Picture of Other UAV
Figure 14. Global Commercial UAV Market Share by Type in 2022 & 2028
Figure 15. Global Commercial UAV Sales in Value by Type (2017-2028) & (US$ Million)
Figure 16. Global Commercial UAV Sales Market Share in Value by Type (2017-2028)
Figure 17. Global Commercial UAV Sales by Type (2017-2028) & (Units)
Figure 18. Global Commercial UAV Sales Market Share in Volume by Type (2017-2028)
Figure 19. Global Commercial UAV Price by Type (2017-2028) & (USD/Unit)
Figure 20. United States Commercial UAV Market Share by Type in 2022 & 2028
Figure 21. United States Commercial UAV Sales in Value by Type (2017-2028) & (US$ Million)
Figure 22. United States Commercial UAV Sales Market Share in Value by Type (2017-2028)
Figure 23. United States Commercial UAV Sales by Type (2017-2028) & (Units)
Figure 24. United States Commercial UAV Sales Market Share in Volume by Type (2017-2028)
Figure 25. United States Commercial UAV Price by Type (2017-2028) & (USD/Unit)
Figure 26. Product Picture of Delivery UAV
Figure 27. Product Picture of Agriculture Monitoring
Figure 28. Product Picture of Oil and Gas
Figure 29. Product Picture of Law Enforcement
Figure 30. Product Picture of Disaster Management
Figure 31. Product Picture of Entertainment, Media, and Mapping
Figure 32. Product Picture of Networking for Remote Areas
Figure 33. Product Picture of Environmental UAV
Figure 34. Product Picture of Real Estate & Construction
Figure 35. Product Picture of Others
Figure 36. Global Commercial UAV Market Share by Application in 2022 & 2028
Figure 37. Global Commercial UAV Sales in Value by Application (2017-2028) & (US$ Million)
Figure 38. Global Commercial UAV Sales Market Share in Value by Application (2017-2028)
Figure 39. Global Commercial UAV Sales by Application (2017-2028) & (Units)
Figure 40. Global Commercial UAV Sales Market Share in Volume by Application (2017-2028)
Figure 41. Global Commercial UAV Price by Application (2017-2028) & (USD/Unit)
Figure 42. United States Commercial UAV Market Share by Application in 2022 & 2028
Figure 43. United States Commercial UAV Sales in Value by Application (2017-2028) & (US$ Million)
Figure 44. United States Commercial UAV Sales Market Share in Value by Application (2017-2028)
Figure 45. United States Commercial UAV Sales by Application (2017-2028) & (Units)
Figure 46. United States Commercial UAV Sales Market Share in Volume by Application (2017-2028)
Figure 47. United States Commercial UAV Price by Application (2017-2028) & (USD/Unit)
Figure 48. North America Commercial UAV Sales in Volume Growth Rate 2017-2028 (Units)
Figure 49. North America Commercial UAV Sales in Value Growth Rate 2017-2028 (US$ Million)
Figure 50. U.S. Commercial UAV Sales in Value Growth Rate (2017-2028) & (US$ Million)
Figure 51. Canada Commercial UAV Sales in Value Growth Rate (2017-2028) & (US$ Million)
Figure 52. Europe Commercial UAV Sales in Volume Growth Rate 2017-2028 (Units)
Figure 53. Europe Commercial UAV Sales in Value Growth Rate 2017-2028 (US$ Million)
Figure 54. Germany Commercial UAV Sales in Value Growth Rate (2017-2028) & (US$ Million)
Figure 55. France Commercial UAV Sales in Value Growth Rate (2017-2028) & (US$ Million)
Figure 56. U.K. Commercial UAV Sales in Value Growth Rate (2017-2028) & (US$ Million)
Figure 57. Italy Commercial UAV Sales in Value Growth Rate (2017-2028) & (US$ Million)
Figure 58. Russia Commercial UAV Sales in Value Growth Rate (2017-2028) & (US$ Million)
Figure 59. Asia-Pacific Commercial UAV Sales in Volume Growth Rate 2017-2028 (Units)
Figure 60. Asia-Pacific Commercial UAV Sales in Value Growth Rate 2017-2028 (US$ Million)
Figure 61. China Commercial UAV Sales in Value Growth Rate (2017-2028) & (US$ Million)
Figure 62. Japan Commercial UAV Sales in Value Growth Rate (2017-2028) & (US$ Million)
Figure 63. South Korea Commercial UAV Sales in Value Growth Rate (2017-2028) & (US$ Million)
Figure 64. India Commercial UAV Sales in Value Growth Rate (2017-2028) & (US$ Million)
Figure 65. Australia Commercial UAV Sales in Value Growth Rate (2017-2028) & (US$ Million)
Figure 66. Taiwan Commercial UAV Sales in Value Growth Rate (2017-2028) & (US$ Million)
Figure 67. Indonesia Commercial UAV Sales in Value Growth Rate (2017-2028) & (US$ Million)
Figure 68. Thailand Commercial UAV Sales in Value Growth Rate (2017-2028) & (US$ Million)
Figure 69. Malaysia Commercial UAV Sales in Value Growth Rate (2017-2028) & (US$ Million)
Figure 70. Philippines Commercial UAV Sales in Value Growth Rate (2017-2028) & (US$ Million)
Figure 71. Latin America Commercial UAV Sales in Volume Growth Rate 2017-2028 (Units)
Figure 72. Latin America Commercial UAV Sales in Value Growth Rate 2017-2028 (US$ Million)
Figure 73. Mexico Commercial UAV Sales in Value Growth Rate (2017-2028) & (US$ Million)
Figure 74. Brazil Commercial UAV Sales in Value Growth Rate (2017-2028) & (US$ Million)
Figure 75. Argentina Commercial UAV Sales in Value Growth Rate (2017-2028) & (US$ Million)
Figure 76. Middle East & Africa Commercial UAV Sales in Volume Growth Rate 2017-2028 (Units)
Figure 77. Middle East & Africa Commercial UAV Sales in Value Growth Rate 2017-2028 (US$ Million)
Figure 78. Turkey Commercial UAV Sales in Value Growth Rate (2017-2028) & (US$ Million)
Figure 79. Saudi Arabia Commercial UAV Sales in Value Growth Rate (2017-2028) & (US$ Million)
Figure 80. U.A.E Commercial UAV Sales in Value Growth Rate (2017-2028) & (US$ Million)
Figure 81. Commercial UAV Value Chain
Figure 82. Commercial UAV Production Process
Figure 83. Channels of Distribution
Figure 84. Distributors Profiles
Figure 85. Bottom-up and Top-down Approaches for This Report
Figure 86. Data Triangulation
Figure 87. Key Executives Interviewed

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.