Key Insights
The global turboprop aircraft market, valued at $1.69 billion in 2025, is projected to experience steady growth, driven by increasing demand for regional air connectivity, particularly in emerging economies. A Compound Annual Growth Rate (CAGR) of 1.88% from 2025 to 2033 indicates a consistent, albeit moderate, expansion. Key drivers include the rising need for efficient and cost-effective short-to-medium-haul transportation, especially in underserved regions. Furthermore, the ongoing modernization of turboprop aircraft fleets, incorporating advanced technologies for improved fuel efficiency and enhanced safety features, contributes to market growth. While the market faces certain restraints, such as potential fluctuations in fuel prices and competition from other modes of transportation, the inherent advantages of turboprops – notably their ability to operate from shorter runways and their lower operating costs compared to jet aircraft – ensure sustained demand, particularly within the general aviation and regional commercial segments. The Military Aviation segment also contributes significantly, utilizing these aircraft for training and various specialized missions. The robust presence of established manufacturers like Textron Aviation, Lockheed Martin, and Airbus, alongside smaller, specialized companies, ensures a competitive yet stable market landscape. Geographic growth will be diverse, with North America and Europe maintaining strong market share, but significant expansion expected in the Asia-Pacific region due to increasing infrastructure development and economic growth.
Turboprop Aircraft Market Market Size (In Billion)
The segmental breakdown reveals a strong presence across Military Aviation, Commercial Aviation, and General Aviation. While precise market share for each segment is unavailable, the demand drivers suggest the General Aviation sector likely represents a significant portion, driven by private and charter operations. Commercial Aviation, focusing on regional airlines, will likely see consistent growth driven by increased air travel and a focus on connecting smaller cities. Military Aviation will demonstrate more stable, yet predictable, demand, with ongoing procurement and modernization programs influencing the market. The geographical distribution anticipates continued strength in North America and Europe, with rapidly developing economies in Asia-Pacific showing significant potential for future expansion. The consistent market growth projections point to a positive outlook for the turboprop aircraft market over the coming decade.
Turboprop Aircraft Market Company Market Share
This detailed report provides a comprehensive analysis of the global turboprop aircraft market, covering the period from 2019 to 2033. With a base year of 2025 and a forecast period extending to 2033, this report offers in-depth insights into market dynamics, competitive landscapes, and future growth prospects. The study meticulously examines key segments including Military Aviation, Commercial Aviation, and General Aviation, providing crucial data for informed strategic decision-making. The report's findings are supported by rigorous market research and analysis, offering actionable insights for industry stakeholders. The market value is expressed in Millions throughout the report.
Turboprop Aircraft Market Market Structure & Competitive Dynamics
This section analyzes the structural dynamics of the turboprop aircraft market, incorporating competitive landscapes, regulatory frameworks, and recent M&A activities. Market concentration is moderately high, with key players holding significant market share. The market's innovation ecosystem is driven by continuous improvements in engine technology, avionics, and materials science, leading to more fuel-efficient and technologically advanced aircraft. Regulatory frameworks, varying by region, impact certification processes and operational standards, affecting market entry and growth. Substitute products, such as helicopters for certain applications, pose some competitive pressure. End-user trends toward improved operational efficiency, safety, and sustainability shape product development and market demand. M&A activities within the industry have been moderate, with deal values averaging around xx Million in recent years. Key players focus on strategic partnerships and acquisitions to expand their market reach and technological capabilities.
- Market Share: ATR and Textron Aviation hold significant market shares, estimated at xx% and xx%, respectively, in 2025. Other major players account for the remaining share.
- M&A Activity: The last five years have seen approximately xx M&A deals, with a total value of approximately xx Million. These deals mainly involved smaller companies being acquired by larger manufacturers.
Turboprop Aircraft Market Industry Trends & Insights
The global turboprop aircraft market exhibits a robust growth trajectory, primarily driven by the increasing demand for regional air connectivity, particularly in emerging economies. Technological advancements, such as the development of more efficient turboprop engines and advanced avionics systems, contribute significantly to market expansion. Furthermore, evolving consumer preferences towards greater comfort, safety, and affordability are shaping market dynamics. The market is also influenced by competitive dynamics among manufacturers, leading to innovation and price competition. The CAGR for the forecast period (2025-2033) is projected to be xx%, with market penetration increasing to approximately xx% by 2033. The increasing demand for cargo and passenger transport in regional areas is a major driver, especially in developing economies.
Dominant Markets & Segments in Turboprop Aircraft Market
The Commercial Aviation segment currently dominates the turboprop aircraft market, accounting for approximately xx% of the total market value in 2025. This segment's dominance stems from the widespread use of turboprop aircraft in regional air transport. The Asia-Pacific region is projected to be the fastest-growing market, fueled by rapid economic growth and increasing air travel demand. North America and Europe remain substantial markets, with continued demand for turboprop aircraft in regional and short-haul routes.
Key Drivers for Commercial Aviation Dominance:
- Rising demand for regional connectivity: Growing air travel demand and a need to connect remote regions.
- Economical operational costs: Turboprops offer lower operating costs compared to jet aircraft, making them suitable for regional routes.
- Favorable government policies: Government initiatives to boost regional air connectivity.
Detailed Dominance Analysis: The ongoing expansion of low-cost carriers and regional airlines contributes significantly to the continued growth of this segment. The preference for fuel-efficient and cost-effective aircraft ensures a steady market for turboprop aircraft in this sector. The development of new technologies further strengthens its leading position.
Turboprop Aircraft Market Product Innovations
Recent product innovations in the turboprop aircraft market focus on enhanced fuel efficiency, improved performance, and advanced avionics. Manufacturers are investing in lighter materials, aerodynamic improvements, and more efficient engine designs to reduce fuel consumption and operating costs. New avionics systems are enhancing safety and operational capabilities. These innovations are directly influencing market competitiveness, improving aircraft appeal to both commercial and military users, and ultimately driving market growth.
Report Segmentation & Scope
The report segments the turboprop aircraft market based on application:
- Military Aviation: This segment focuses on military transport, surveillance, and training applications. The market size for military turboprops is estimated at xx Million in 2025 and is projected to grow at a CAGR of xx% during the forecast period. Competitive dynamics are driven by government procurement policies and technological advancements in military aircraft.
- Commercial Aviation: This segment dominates the market, catering to regional airliners and cargo operators. The market size is estimated at xx Million in 2025 and is expected to grow at a CAGR of xx% during the forecast period. Competitive dynamics are influenced by fuel efficiency, passenger comfort, and operational costs.
- General Aviation: This segment includes private and business aircraft. The market size is relatively smaller compared to others, estimated at xx Million in 2025, and is expected to grow at a CAGR of xx%. Competitive dynamics are shaped by price points, features, and technological advancements.
Key Drivers of Turboprop Aircraft Market Growth
Several key factors drive the growth of the turboprop aircraft market. These include the rising demand for regional air travel, especially in emerging economies. Furthermore, technological advancements in engine efficiency, materials, and avionics contribute significantly to improved performance and reduced operational costs. Supportive government policies and investments in infrastructure also play a vital role, particularly in expanding regional connectivity. Finally, the cost-effectiveness of turboprop aircraft compared to jets makes them appealing to various operators.
Challenges in the Turboprop Aircraft Market Sector
Despite strong growth, the turboprop aircraft market faces challenges including stringent regulatory requirements for aircraft certification, which increase development costs and timelines. Supply chain disruptions can impact production and delivery schedules, causing delays and cost overruns. Furthermore, intense competition from other aircraft types, such as helicopters and small jets, presents a constant pressure on pricing and market share. These factors can affect profitability and overall market expansion.
Leading Players in the Turboprop Aircraft Market Market
- Textron Aviation
- Lockheed Martin Corporation
- Airbus SE
- Viking Air Ltd
- Air Tractor
- Thrush Aircraft LLC
- Piaggio Aerospace
- Daher
- ATR
- Pilatus
- Embraer S.A.
- Northrop Grumman Corporation
- Piper Aircraft Inc
Key Developments in Turboprop Aircraft Market Sector
- September 2021: The Indian Cabinet Committee on Security approved the procurement of 56 C-295 turboprop aircraft for the Indian Air Force. This deal significantly boosts the market for military turboprops.
- August 2021: Embraer unveiled a new 70-90 seat regional turboprop concept, signaling potential disruption in the competitive landscape.
Strategic Turboprop Aircraft Market Market Outlook
The turboprop aircraft market is poised for continued growth, driven by sustained demand for regional air connectivity and technological advancements leading to improved aircraft performance and efficiency. Strategic opportunities exist for manufacturers focused on innovation, cost optimization, and catering to the growing demands of emerging markets. Investments in sustainable aviation technologies will also play a critical role in shaping the market's future. The market's overall growth trajectory remains positive, with significant potential for expansion in various segments and geographic regions.
Turboprop Aircraft Market Segmentation
-
1. Application
- 1.1. Military Aviation
- 1.2. Commercial Aviation
- 1.3. General Aviation
Turboprop Aircraft Market Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
-
2. Europe
- 2.1. United Kingdom
- 2.2. France
- 2.3. Germany
- 2.4. Rest of Europe
-
3. Asia Pacific
- 3.1. China
- 3.2. India
- 3.3. Japan
- 3.4. South Korea
- 3.5. Rest of Asia Pacific
-
4. Latin America
- 4.1. Brazil
- 4.2. Rest of Latin America
-
5. Middle East and Africa
- 5.1. United Arab Emirates
- 5.2. Saudi Arabia
- 5.3. Egypt
- 5.4. Rest of Middle East and Africa
Turboprop Aircraft Market Regional Market Share
Geographic Coverage of Turboprop Aircraft Market
Turboprop Aircraft Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 1.88% from 2020-2034 |
| 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
- 3.3. Market Restrains
- 3.4. Market Trends
- 3.4.1. Military Segment Held the Highest Market Share in 2021
- 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. Global Turboprop Aircraft Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Application
- 5.1.1. Military Aviation
- 5.1.2. Commercial Aviation
- 5.1.3. General Aviation
- 5.2. Market Analysis, Insights and Forecast - by Region
- 5.2.1. North America
- 5.2.2. Europe
- 5.2.3. Asia Pacific
- 5.2.4. Latin America
- 5.2.5. Middle East and Africa
- 5.1. Market Analysis, Insights and Forecast - by Application
- 6. North America Turboprop Aircraft Market Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Application
- 6.1.1. Military Aviation
- 6.1.2. Commercial Aviation
- 6.1.3. General Aviation
- 6.1. Market Analysis, Insights and Forecast - by Application
- 7. Europe Turboprop Aircraft Market Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Application
- 7.1.1. Military Aviation
- 7.1.2. Commercial Aviation
- 7.1.3. General Aviation
- 7.1. Market Analysis, Insights and Forecast - by Application
- 8. Asia Pacific Turboprop Aircraft Market Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Application
- 8.1.1. Military Aviation
- 8.1.2. Commercial Aviation
- 8.1.3. General Aviation
- 8.1. Market Analysis, Insights and Forecast - by Application
- 9. Latin America Turboprop Aircraft Market Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Application
- 9.1.1. Military Aviation
- 9.1.2. Commercial Aviation
- 9.1.3. General Aviation
- 9.1. Market Analysis, Insights and Forecast - by Application
- 10. Middle East and Africa Turboprop Aircraft Market Analysis, Insights and Forecast, 2020-2032
- 10.1. Market Analysis, Insights and Forecast - by Application
- 10.1.1. Military Aviation
- 10.1.2. Commercial Aviation
- 10.1.3. General Aviation
- 10.1. Market Analysis, Insights and Forecast - by Application
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2025
- 11.2. Company Profiles
- 11.2.1 Textron Aviation
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Lockheed Martin Corporation
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Airbus SE
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Viking Air Ltd
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Air Tractor
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Thrush Aircraft LLC
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Piaggio Aerospace
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Daher
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 ATR
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Pilatus
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 Embrear S
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.12 Northrop Grumman Corporation
- 11.2.12.1. Overview
- 11.2.12.2. Products
- 11.2.12.3. SWOT Analysis
- 11.2.12.4. Recent Developments
- 11.2.12.5. Financials (Based on Availability)
- 11.2.13 Piper Aircraft Inc
- 11.2.13.1. Overview
- 11.2.13.2. Products
- 11.2.13.3. SWOT Analysis
- 11.2.13.4. Recent Developments
- 11.2.13.5. Financials (Based on Availability)
- 11.2.1 Textron Aviation
List of Figures
- Figure 1: Global Turboprop Aircraft Market Revenue Breakdown (Million, %) by Region 2025 & 2033
- Figure 2: North America Turboprop Aircraft Market Revenue (Million), by Application 2025 & 2033
- Figure 3: North America Turboprop Aircraft Market Revenue Share (%), by Application 2025 & 2033
- Figure 4: North America Turboprop Aircraft Market Revenue (Million), by Country 2025 & 2033
- Figure 5: North America Turboprop Aircraft Market Revenue Share (%), by Country 2025 & 2033
- Figure 6: Europe Turboprop Aircraft Market Revenue (Million), by Application 2025 & 2033
- Figure 7: Europe Turboprop Aircraft Market Revenue Share (%), by Application 2025 & 2033
- Figure 8: Europe Turboprop Aircraft Market Revenue (Million), by Country 2025 & 2033
- Figure 9: Europe Turboprop Aircraft Market Revenue Share (%), by Country 2025 & 2033
- Figure 10: Asia Pacific Turboprop Aircraft Market Revenue (Million), by Application 2025 & 2033
- Figure 11: Asia Pacific Turboprop Aircraft Market Revenue Share (%), by Application 2025 & 2033
- Figure 12: Asia Pacific Turboprop Aircraft Market Revenue (Million), by Country 2025 & 2033
- Figure 13: Asia Pacific Turboprop Aircraft Market Revenue Share (%), by Country 2025 & 2033
- Figure 14: Latin America Turboprop Aircraft Market Revenue (Million), by Application 2025 & 2033
- Figure 15: Latin America Turboprop Aircraft Market Revenue Share (%), by Application 2025 & 2033
- Figure 16: Latin America Turboprop Aircraft Market Revenue (Million), by Country 2025 & 2033
- Figure 17: Latin America Turboprop Aircraft Market Revenue Share (%), by Country 2025 & 2033
- Figure 18: Middle East and Africa Turboprop Aircraft Market Revenue (Million), by Application 2025 & 2033
- Figure 19: Middle East and Africa Turboprop Aircraft Market Revenue Share (%), by Application 2025 & 2033
- Figure 20: Middle East and Africa Turboprop Aircraft Market Revenue (Million), by Country 2025 & 2033
- Figure 21: Middle East and Africa Turboprop Aircraft Market Revenue Share (%), by Country 2025 & 2033
List of Tables
- Table 1: Global Turboprop Aircraft Market Revenue Million Forecast, by Application 2020 & 2033
- Table 2: Global Turboprop Aircraft Market Revenue Million Forecast, by Region 2020 & 2033
- Table 3: Global Turboprop Aircraft Market Revenue Million Forecast, by Application 2020 & 2033
- Table 4: Global Turboprop Aircraft Market Revenue Million Forecast, by Country 2020 & 2033
- Table 5: United States Turboprop Aircraft Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 6: Canada Turboprop Aircraft Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 7: Global Turboprop Aircraft Market Revenue Million Forecast, by Application 2020 & 2033
- Table 8: Global Turboprop Aircraft Market Revenue Million Forecast, by Country 2020 & 2033
- Table 9: United Kingdom Turboprop Aircraft Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 10: France Turboprop Aircraft Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 11: Germany Turboprop Aircraft Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 12: Rest of Europe Turboprop Aircraft Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 13: Global Turboprop Aircraft Market Revenue Million Forecast, by Application 2020 & 2033
- Table 14: Global Turboprop Aircraft Market Revenue Million Forecast, by Country 2020 & 2033
- Table 15: China Turboprop Aircraft Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 16: India Turboprop Aircraft Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 17: Japan Turboprop Aircraft Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 18: South Korea Turboprop Aircraft Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 19: Rest of Asia Pacific Turboprop Aircraft Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 20: Global Turboprop Aircraft Market Revenue Million Forecast, by Application 2020 & 2033
- Table 21: Global Turboprop Aircraft Market Revenue Million Forecast, by Country 2020 & 2033
- Table 22: Brazil Turboprop Aircraft Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 23: Rest of Latin America Turboprop Aircraft Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 24: Global Turboprop Aircraft Market Revenue Million Forecast, by Application 2020 & 2033
- Table 25: Global Turboprop Aircraft Market Revenue Million Forecast, by Country 2020 & 2033
- Table 26: United Arab Emirates Turboprop Aircraft Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 27: Saudi Arabia Turboprop Aircraft Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 28: Egypt Turboprop Aircraft Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 29: Rest of Middle East and Africa Turboprop Aircraft Market Revenue (Million) Forecast, by Application 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Turboprop Aircraft Market?
The projected CAGR is approximately 1.88%.
2. Which companies are prominent players in the Turboprop Aircraft Market?
Key companies in the market include Textron Aviation, Lockheed Martin Corporation, Airbus SE, Viking Air Ltd, Air Tractor, Thrush Aircraft LLC, Piaggio Aerospace, Daher, ATR, Pilatus, Embrear S, Northrop Grumman Corporation, Piper Aircraft Inc.
3. What are the main segments of the Turboprop Aircraft Market?
The market segments include Application.
4. Can you provide details about the market size?
The market size is estimated to be USD 1.69 Million as of 2022.
5. What are some drivers contributing to market growth?
N/A
6. What are the notable trends driving market growth?
Military Segment Held the Highest Market Share in 2021.
7. Are there any restraints impacting market growth?
N/A
8. Can you provide examples of recent developments in the market?
In September 2021, the Indian Cabinet Committee on Security approved the procurement of 56 twin-turboprop C-295 aircraft for the Indian Air Force to replace its aging Avro fleet. Out of the 56 aircraft, the first 16 aircraft will be delivered in flyaway condition from Spain within two years, and the remaining 40 aircraft will be manufactured and assembled locally in India by the Tata Advanced Systems (TASL),
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 "Turboprop Aircraft 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 Turboprop Aircraft 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 Turboprop Aircraft Market?
To stay informed about further developments, trends, and reports in the Turboprop Aircraft 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