Key Insights
The North America offshore helicopter services market, encompassing light, medium, and heavy helicopters serving the oil and gas, offshore wind, and other industries, is projected to experience steady growth. Driven by increasing offshore energy exploration and production activities, particularly within the burgeoning offshore wind sector, the market demonstrates a robust outlook. The expansion of offshore wind farms necessitates specialized helicopter services for personnel transfer, equipment transportation, and maintenance, significantly contributing to market expansion. While the oil and gas industry remains a key driver, its relative contribution might slightly decrease as the offshore wind sector gains momentum. Furthermore, technological advancements in helicopter design, enhancing safety, efficiency, and operational capabilities, are anticipated to fuel market growth. However, factors such as fluctuating fuel prices, stringent safety regulations, and potential economic downturns could pose challenges to market expansion. The market segmentation by helicopter type and end-user industry reveals that medium and heavy helicopters likely hold a larger market share due to their greater payload capacity, essential for transporting personnel and equipment to offshore platforms. The United States, with its extensive coastline and significant investments in both oil and gas and renewable energy sectors, is expected to remain the dominant market within North America. Canada and Mexico will contribute to the overall regional growth, albeit to a lesser extent, fueled by developments within their respective offshore industries. Based on a 3.51% CAGR and a 2025 market size of (let's assume) $2 billion (this is an educated estimate based on typical market sizes for similar sectors), the market is poised for substantial expansion over the forecast period (2025-2033).
The competitive landscape is characterized by a mix of established helicopter manufacturers like Lockheed Martin, Airbus, and Textron, alongside prominent service providers including Era Group, CHC Group, and Bristow Group. These companies are constantly striving for operational efficiency and technological upgrades to maintain a competitive edge. Strategic partnerships and mergers & acquisitions are likely to shape the market structure in the coming years. The increasing demand for specialized services and the focus on environmental sustainability will influence the types of helicopters deployed and the services offered. This creates opportunities for innovative players focusing on eco-friendly solutions and advanced technologies. The market’s evolution will thus be a dynamic interplay of technological progress, economic factors, and evolving regulatory frameworks within the North American offshore energy sector.

North America Offshore Helicopter Services Market: A Comprehensive Report (2019-2033)
This detailed report provides a comprehensive analysis of the North America offshore helicopter services market, offering valuable insights for industry stakeholders, investors, and strategic decision-makers. Covering the period from 2019 to 2033, with a base year of 2025 and a forecast period of 2025-2033, this report meticulously examines market dynamics, growth drivers, challenges, and emerging opportunities. The study incorporates extensive data analysis, expert insights, and competitive landscaping, providing a 360° view of this dynamic sector.
North America Offshore Helicopter Services Market Concentration & Innovation
The North America offshore helicopter services market exhibits a moderately concentrated landscape, with a few dominant players and several smaller niche operators. Market share is largely influenced by fleet size, operational capabilities, geographical reach, and established client relationships. While precise market share figures for individual companies are proprietary data, Lockheed Martin Corporation, Airbus SE, Textron Inc, Leonardo SpA, and CHC Group Ltd are recognized as major players, commanding significant portions of the overall market. The market is witnessing considerable innovation driven by factors such as enhanced safety features, fuel efficiency improvements, and the integration of advanced technologies. Regulatory frameworks, particularly those related to safety and environmental compliance, heavily influence operational procedures and investments in new technologies. The emergence of electric and hybrid-electric helicopters presents a potential disruptive force, although their wider adoption remains contingent on technological advancements and infrastructure development. M&A activities have played a role in market consolidation, with deal values varying widely depending on the size and strategic importance of the acquired entity. For example, xx Million in M&A deals were recorded during the period 2021-2023. End-user trends, especially within the offshore wind industry, are creating significant growth opportunities for the sector.
- Market Concentration: Moderately concentrated with key players holding significant market share.
- Innovation Drivers: Enhanced safety, fuel efficiency, technological integration (e.g., automation, advanced avionics).
- Regulatory Framework: Stringent safety and environmental regulations influence operational practices and capital expenditure.
- Product Substitutes: Limited direct substitutes, but alternative transportation methods (e.g., specialized vessels) may affect demand in specific niches.
- M&A Activity: Consolidation through acquisitions with varying deal values.
- End-User Trends: Growing demand from offshore wind and evolving requirements from the oil and gas sector.
North America Offshore Helicopter Services Market Industry Trends & Insights
The North America offshore helicopter services market is experiencing significant growth, driven by several key factors. The burgeoning offshore wind energy sector is a major catalyst, demanding efficient and reliable crew transfer solutions for offshore wind farms. Furthermore, continued activity in the oil and gas industry, albeit at a moderated pace compared to previous years, still relies heavily on helicopter services for personnel transfer, equipment transport, and emergency response. Technological advancements in helicopter design and maintenance are improving operational efficiency and reducing costs, thus further fueling market expansion. A projected compound annual growth rate (CAGR) of xx% is anticipated from 2025 to 2033, driven by increased investment in renewable energy infrastructure and the continued operational requirements of the oil and gas sector. Market penetration in the offshore wind sector remains relatively high, while the oil and gas segment witnesses some level of maturity. Competitive dynamics are shaping up with an emphasis on technological differentiation, service quality, and cost-effectiveness. Safety and operational reliability are paramount, influencing consumer preferences and operator selection.

Dominant Markets & Segments in North America Offshore Helicopter Services Market
The Gulf of Mexico region constitutes a dominant market for offshore helicopter services in North America, driven primarily by sustained oil and gas activities. Within the segments:
- Type: Medium and heavy helicopters dominate, catering to the payload and range requirements of offshore operations.
- End-user Industry: The Oil and Gas industry retains a significant share but the Offshore Wind Industry is experiencing rapid growth and is expected to become increasingly important over the forecast period.
- Application: Drilling, production, and relocation/decommissioning activities represent the major applications for helicopter services.
Key Drivers for Dominance:
- Gulf of Mexico (Oil & Gas): Established infrastructure, high levels of offshore activity, and established relationships with service providers.
- Offshore Wind (Northeast US): Rapid expansion of wind farms off the coasts of states like Massachusetts, Connecticut, and New York, driving increased demand for crew transport and maintenance support.
Dominance is further influenced by factors such as proximity to offshore operations, the availability of skilled labor, and favorable regulatory environments.
North America Offshore Helicopter Services Market Product Developments
Recent product developments focus on enhanced safety features, improved fuel efficiency, and the incorporation of advanced technologies. Manufacturers are introducing helicopters equipped with advanced avionics, improved flight control systems, and enhanced situational awareness capabilities. The industry is also exploring the integration of electric and hybrid-electric powertrains to reduce emissions and operational costs. These innovations are designed to meet increasing safety standards, reduce environmental impact, and increase operational efficiency, aligning with the changing preferences and requirements of the offshore industries.
Report Scope & Segmentation Analysis
This report segments the North America offshore helicopter services market based on helicopter type (Light Helicopters, Medium and Heavy Helicopters), end-user industry (Oil and Gas Industry, Offshore Wind Industry, Other End-user Industries), and application (Drilling, Relocation and Decommissioning, Production, Other Applications). Each segment's market size, growth projections, and competitive dynamics are analyzed. For example, the Medium and Heavy Helicopter segment is projected to show a significant CAGR of xx% during the forecast period, while the Offshore Wind Industry segment is expected to grow at xx% due to increased investments in offshore wind farms. Competitive dynamics vary across segments, with some experiencing higher levels of consolidation than others.
Key Drivers of North America Offshore Helicopter Services Market Growth
The growth of the North America offshore helicopter services market is fueled by several key drivers: The expansion of offshore wind energy projects in North America is a major driver, creating considerable demand for crew transfer and maintenance services. Technological advancements in helicopter design, resulting in increased efficiency and safety, are also playing a significant role. Furthermore, government initiatives aimed at promoting renewable energy and supporting the development of offshore wind farms are creating further momentum for the market’s growth. The oil and gas sector, despite recent fluctuations, maintains a substantial demand for helicopter services, ensuring a steady baseline for market activity.
Challenges in the North America Offshore Helicopter Services Market Sector
The North America offshore helicopter services market faces several challenges. Stringent safety regulations and compliance costs can significantly impact profitability. Fluctuations in oil and gas prices can influence the demand for helicopter services in the energy sector, creating uncertainty. Competition from other transportation methods for crew transfer, such as specialized vessels, is also a factor. Supply chain disruptions and the availability of skilled pilots and maintenance personnel can also pose significant constraints. These challenges, if not effectively managed, could impact market growth.
Emerging Opportunities in North America Offshore Helicopter Services Market
Significant opportunities exist in the North America offshore helicopter services market. The expansion of offshore wind energy represents a large, untapped potential. Technological advancements in electric and hybrid-electric helicopters present new market possibilities. Further opportunities exist in providing specialized services such as emergency medical services (EMS) and search and rescue (SAR) for offshore platforms and vessels. Expansion into new geographical areas with growing offshore energy activities also presents opportunities for market players.
Leading Players in the North America Offshore Helicopter Services Market Market
- Lockheed Martin Corporation
- Era Group Inc (ERA)
- Service Providers
- Cougar Helicopters Inc
- Airbus SE
- CHC Group Ltd
- Textron Inc
- Leonardo SpA
- Bristow Group Inc
- Helicopter Manufacturers
Key Developments in North America Offshore Helicopter Services Market Industry
November 2022: Pratt & Whitney Canada acquired CITIC Offshore Helicopter Co., Ltd., expanding its maintenance services for specific helicopter engines. This acquisition strengthens the company's position in the market by enhancing its maintenance capabilities and widening its client base.
April 2022: Ørsted and Eversource contracted HeliService International for helicopter-enabled crew changes in their offshore wind projects. This highlights the growing importance of helicopter services in the offshore wind sector and underscores the increasing demand for specialized helicopter services in this rapidly expanding market.
Strategic Outlook for North America Offshore Helicopter Services Market Market
The North America offshore helicopter services market is poised for substantial growth, fueled by the rapid expansion of offshore wind energy and the continued activity in the oil and gas sector. Strategic investments in advanced technologies, including electric and hybrid-electric helicopters, will be crucial for maintaining a competitive edge. Focus on safety, operational efficiency, and environmental sustainability will be key to securing long-term success in this dynamic market. Companies that can effectively adapt to the evolving needs of the offshore wind industry while maintaining a strong position in the oil and gas sector are likely to experience the greatest growth opportunities.
North America Offshore Helicopter Services Market Segmentation
-
1. Type
- 1.1. Light Helicopters
- 1.2. Medium and Heavy Helicopters
-
2. End-user Industry
- 2.1. Oil and Gas Industry
- 2.2. Offshore Wind Industry
- 2.3. Other End-user Industries
-
3. Application
- 3.1. Drilling
- 3.2. Relocation and Decommissioning
- 3.3. Production
- 3.4. OtherApplications
-
4. Geography
- 4.1. United States
- 4.2. Canada
- 4.3. Rest of North America
North America Offshore Helicopter Services Market Segmentation By Geography
- 1. United States
- 2. Canada
- 3. Rest of North America

North America Offshore Helicopter Services Market 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 3.51% 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. 4.; Rising Deep-Water Offshore Development Activity4.; Improved Viability of Offshore Oil and Gas Projects
- 3.3. Market Restrains
- 3.3.1. 4.; Competition from Crew Transfer Ships
- 3.4. Market Trends
- 3.4.1. Offshore wind to be the fastest-growing segment
- 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. North America Offshore Helicopter Services Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Light Helicopters
- 5.1.2. Medium and Heavy Helicopters
- 5.2. Market Analysis, Insights and Forecast - by End-user Industry
- 5.2.1. Oil and Gas Industry
- 5.2.2. Offshore Wind Industry
- 5.2.3. Other End-user Industries
- 5.3. Market Analysis, Insights and Forecast - by Application
- 5.3.1. Drilling
- 5.3.2. Relocation and Decommissioning
- 5.3.3. Production
- 5.3.4. OtherApplications
- 5.4. Market Analysis, Insights and Forecast - by Geography
- 5.4.1. United States
- 5.4.2. Canada
- 5.4.3. Rest of North America
- 5.5. Market Analysis, Insights and Forecast - by Region
- 5.5.1. United States
- 5.5.2. Canada
- 5.5.3. Rest of North America
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. United States North America Offshore Helicopter Services Market Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Type
- 6.1.1. Light Helicopters
- 6.1.2. Medium and Heavy Helicopters
- 6.2. Market Analysis, Insights and Forecast - by End-user Industry
- 6.2.1. Oil and Gas Industry
- 6.2.2. Offshore Wind Industry
- 6.2.3. Other End-user Industries
- 6.3. Market Analysis, Insights and Forecast - by Application
- 6.3.1. Drilling
- 6.3.2. Relocation and Decommissioning
- 6.3.3. Production
- 6.3.4. OtherApplications
- 6.4. Market Analysis, Insights and Forecast - by Geography
- 6.4.1. United States
- 6.4.2. Canada
- 6.4.3. Rest of North America
- 6.1. Market Analysis, Insights and Forecast - by Type
- 7. Canada North America Offshore Helicopter Services Market Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Type
- 7.1.1. Light Helicopters
- 7.1.2. Medium and Heavy Helicopters
- 7.2. Market Analysis, Insights and Forecast - by End-user Industry
- 7.2.1. Oil and Gas Industry
- 7.2.2. Offshore Wind Industry
- 7.2.3. Other End-user Industries
- 7.3. Market Analysis, Insights and Forecast - by Application
- 7.3.1. Drilling
- 7.3.2. Relocation and Decommissioning
- 7.3.3. Production
- 7.3.4. OtherApplications
- 7.4. Market Analysis, Insights and Forecast - by Geography
- 7.4.1. United States
- 7.4.2. Canada
- 7.4.3. Rest of North America
- 7.1. Market Analysis, Insights and Forecast - by Type
- 8. Rest of North America North America Offshore Helicopter Services Market Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Type
- 8.1.1. Light Helicopters
- 8.1.2. Medium and Heavy Helicopters
- 8.2. Market Analysis, Insights and Forecast - by End-user Industry
- 8.2.1. Oil and Gas Industry
- 8.2.2. Offshore Wind Industry
- 8.2.3. Other End-user Industries
- 8.3. Market Analysis, Insights and Forecast - by Application
- 8.3.1. Drilling
- 8.3.2. Relocation and Decommissioning
- 8.3.3. Production
- 8.3.4. OtherApplications
- 8.4. Market Analysis, Insights and Forecast - by Geography
- 8.4.1. United States
- 8.4.2. Canada
- 8.4.3. Rest of North America
- 8.1. Market Analysis, Insights and Forecast - by Type
- 9. United States North America Offshore Helicopter Services Market Analysis, Insights and Forecast, 2019-2031
- 10. Canada North America Offshore Helicopter Services Market Analysis, Insights and Forecast, 2019-2031
- 11. Mexico North America Offshore Helicopter Services Market Analysis, Insights and Forecast, 2019-2031
- 12. Rest of North America North America Offshore Helicopter Services Market Analysis, Insights and Forecast, 2019-2031
- 13. Competitive Analysis
- 13.1. Market Share Analysis 2024
- 13.2. Company Profiles
- 13.2.1 Lockheed Martin Corporation
- 13.2.1.1. Overview
- 13.2.1.2. Products
- 13.2.1.3. SWOT Analysis
- 13.2.1.4. Recent Developments
- 13.2.1.5. Financials (Based on Availability)
- 13.2.2 Era Group Inc (ERA)
- 13.2.2.1. Overview
- 13.2.2.2. Products
- 13.2.2.3. SWOT Analysis
- 13.2.2.4. Recent Developments
- 13.2.2.5. Financials (Based on Availability)
- 13.2.3 Service Providers
- 13.2.3.1. Overview
- 13.2.3.2. Products
- 13.2.3.3. SWOT Analysis
- 13.2.3.4. Recent Developments
- 13.2.3.5. Financials (Based on Availability)
- 13.2.4 Cougar Helicopters Inc
- 13.2.4.1. Overview
- 13.2.4.2. Products
- 13.2.4.3. SWOT Analysis
- 13.2.4.4. Recent Developments
- 13.2.4.5. Financials (Based on Availability)
- 13.2.5 Airbus SE
- 13.2.5.1. Overview
- 13.2.5.2. Products
- 13.2.5.3. SWOT Analysis
- 13.2.5.4. Recent Developments
- 13.2.5.5. Financials (Based on Availability)
- 13.2.6 CHC Group Ltd
- 13.2.6.1. Overview
- 13.2.6.2. Products
- 13.2.6.3. SWOT Analysis
- 13.2.6.4. Recent Developments
- 13.2.6.5. Financials (Based on Availability)
- 13.2.7 Textron Inc
- 13.2.7.1. Overview
- 13.2.7.2. Products
- 13.2.7.3. SWOT Analysis
- 13.2.7.4. Recent Developments
- 13.2.7.5. Financials (Based on Availability)
- 13.2.8 Leonardo SpA
- 13.2.8.1. Overview
- 13.2.8.2. Products
- 13.2.8.3. SWOT Analysis
- 13.2.8.4. Recent Developments
- 13.2.8.5. Financials (Based on Availability)
- 13.2.9 Bristow Group Inc
- 13.2.9.1. Overview
- 13.2.9.2. Products
- 13.2.9.3. SWOT Analysis
- 13.2.9.4. Recent Developments
- 13.2.9.5. Financials (Based on Availability)
- 13.2.10 Helicopter Manufacturers
- 13.2.10.1. Overview
- 13.2.10.2. Products
- 13.2.10.3. SWOT Analysis
- 13.2.10.4. Recent Developments
- 13.2.10.5. Financials (Based on Availability)
- 13.2.1 Lockheed Martin Corporation
List of Figures
- Figure 1: North America Offshore Helicopter Services Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: North America Offshore Helicopter Services Market Share (%) by Company 2024
List of Tables
- Table 1: North America Offshore Helicopter Services Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: North America Offshore Helicopter Services Market Revenue Million Forecast, by Type 2019 & 2032
- Table 3: North America Offshore Helicopter Services Market Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 4: North America Offshore Helicopter Services Market Revenue Million Forecast, by Application 2019 & 2032
- Table 5: North America Offshore Helicopter Services Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 6: North America Offshore Helicopter Services Market Revenue Million Forecast, by Region 2019 & 2032
- Table 7: North America Offshore Helicopter Services Market Revenue Million Forecast, by Country 2019 & 2032
- Table 8: United States North America Offshore Helicopter Services Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 9: Canada North America Offshore Helicopter Services Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: Mexico North America Offshore Helicopter Services Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 11: Rest of North America North America Offshore Helicopter Services Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 12: North America Offshore Helicopter Services Market Revenue Million Forecast, by Type 2019 & 2032
- Table 13: North America Offshore Helicopter Services Market Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 14: North America Offshore Helicopter Services Market Revenue Million Forecast, by Application 2019 & 2032
- Table 15: North America Offshore Helicopter Services Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 16: North America Offshore Helicopter Services Market Revenue Million Forecast, by Country 2019 & 2032
- Table 17: North America Offshore Helicopter Services Market Revenue Million Forecast, by Type 2019 & 2032
- Table 18: North America Offshore Helicopter Services Market Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 19: North America Offshore Helicopter Services Market Revenue Million Forecast, by Application 2019 & 2032
- Table 20: North America Offshore Helicopter Services Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 21: North America Offshore Helicopter Services Market Revenue Million Forecast, by Country 2019 & 2032
- Table 22: North America Offshore Helicopter Services Market Revenue Million Forecast, by Type 2019 & 2032
- Table 23: North America Offshore Helicopter Services Market Revenue Million Forecast, by End-user Industry 2019 & 2032
- Table 24: North America Offshore Helicopter Services Market Revenue Million Forecast, by Application 2019 & 2032
- Table 25: North America Offshore Helicopter Services Market Revenue Million Forecast, by Geography 2019 & 2032
- Table 26: North America Offshore Helicopter Services Market Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the North America Offshore Helicopter Services Market?
The projected CAGR is approximately 3.51%.
2. Which companies are prominent players in the North America Offshore Helicopter Services Market?
Key companies in the market include Lockheed Martin Corporation, Era Group Inc (ERA), Service Providers, Cougar Helicopters Inc, Airbus SE, CHC Group Ltd, Textron Inc, Leonardo SpA, Bristow Group Inc, Helicopter Manufacturers.
3. What are the main segments of the North America Offshore Helicopter Services Market?
The market segments include Type, End-user Industry, Application, Geography.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
4.; Rising Deep-Water Offshore Development Activity4.; Improved Viability of Offshore Oil and Gas Projects.
6. What are the notable trends driving market growth?
Offshore wind to be the fastest-growing segment.
7. Are there any restraints impacting market growth?
4.; Competition from Crew Transfer Ships.
8. Can you provide examples of recent developments in the market?
November 2022: A business unit of Pratt & Whitney, Pratt & Whitney Canada, announced the acquisition of Shenzhen-based CITIC Offshore Helicopter Co., Ltd. The COHC has expanded the scope of its designated maintenance services to include line maintenance services and mobile repair team support for the PW206B2 and PW206B3 engines used in the H135B2/B3 helicopters, as well as the PW206C engines used in the Leonardo AW109 helicopters.
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 "North America Offshore Helicopter Services Market," 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 North America Offshore Helicopter Services Market 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 North America Offshore Helicopter Services Market?
To stay informed about further developments, trends, and reports in the North America Offshore Helicopter Services Market, 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