Business Challenge
A global power generation systems and solutions provider wanted to understand the market size and future market potential for industrial boilers in Eastern Europe.
Situation
The client wanted to evaluate the market size and forecast the market growth for up to 10 years and identify the upcoming opportunities to determine the regions and segments where it could focus on for aggressive growth in the market.
Approach
We conducted extensive secondary research through our proprietary databases followed by 30+ primary interviews for a comprehensive sectoral analysis of each country’s market landscape, forecasting the future trends in the market and providing growth and profit forecasts for a 10-year outlook period.
Impact
The strategic insights obtained through our research helped the client identify the segments and regions that showed the highest potential for growth and create country-specific business strategies for faster growth.