Global Distance Measuring Equipment Market Overview:
Distance Measuring Equipment (DME) is a measuring device using ground and air components to determine the slant range of an aircraft from a point. These equipment are majorly used in aviation for navigation purposes. The advantage of offering pilots with a slant range measurement of the distance to the runway in nautical mile has majorly boosted the demand for distance measuring equipment market.
Growth Drivers
- Advantage of Helping Pilots to Remain Position Oriented
- Growing Need For Precise Measurement Equipment
Market Trends
- Increasing Number of Aircraft in the Asia Pacific Region
Roadblocks
Opportunities
- Advantage of Enhanced Accuracy and Highly Reliable Operation
- Demand for Advanced Remote Maintenance, Monitoring and Control by Air
Competitive Landscape:
In Distance Measuring Equipment Market, it has been observed that most of the companies are upgrading or introducing innovative products. They rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation and sourcing strategies to enhance their market share.
Some of the key players profiled in the report are Moog, Inc. (United States), Blue Quadrant Limited (Africa), Indra (Spain), Systems Interface Ltd (United Kingdom), Rockwell Collins (United States), Thales Group (France), TRC Simulators b.v. (The Netherlands), AZIMUT (Russia), Intelcan Technosystems Inc. (Canada), Honeywell International Inc. (United States) and Mopiens (Korea). Analyst at AMA Research see United States and European Manufacturers to retain maximum share of Global Distance Measuring Equipment market by 2025. Considering Market by Mount Type, the sub-segment i.e. Wall Mounted will boost the Distance Measuring Equipment market. Considering Market by Measuring, the sub-segment i.e. Radio Waves will boost the Distance Measuring Equipment market. Considering Market by Power , the sub-segment i.e. Distance Measuring Equipment Low Power (DME-LP) will boost the Distance Measuring Equipment market. Considering Market by Component, the sub-segment i.e. Transponder will boost the Distance Measuring Equipment market.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Distance Measuring Equipment market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Distance Measuring Equipment market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Raw Material Suppliers, Government Regulatory and Research Organizations, Distance Measuring Equipment Distributors/Traders/Wholesalers, Distance Measuring Equipment Subcomponent Manufacturers, Industry Association, Downstream Vendors and New Entrants/Investors.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.