Client description: Pressure vessel manufacturer
Practice area: Market Research and Analysis, Strategic Planning and Positioning
Geographic scope: North America
Industries involved: Metal fabrication, oil & gas, food & beverage, pulp & paper, air receivers, healthcare, marine, transportation, chemical processing, dairy, water and wastewater.
Services applied: Market opportunity study; market attractiveness model
Business challenge: Pressure vessel manufacturer needed a market attractiveness analysis across 30 industry sectors in order to prioritize its market focus and develop a strategy for market growth.
Methodologies: Comprehensive qualitative and quantitative approach across over 30 industries; IDI’s, quantitative surveys, competitive intelligence; development of a market attractiveness model and go-to-market strategies for the top five industries.
The result: A complete and thorough analysis of the competitive environment, a ranking of best markets for best products, and a go-to-market strategy for the best markets. This analysis guided the corporate board in allocating additional capital to fund this business’s growth in this large and fragmented market.