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Personal Protection Equipment (PPE) manufacturer need to look into the future to determine how robotics might impact their industrial business
Client description:
PPE manufacturer
Challenge:
Manufacturer of PPE needed to forecast the future of manufacturing, specifically to determine the potential threat to sales of PPE.
Methodologies:
We completed approximately 35 qualitative in-depth interviews (IDIs) with thought leaders and conducted exhaustive secondary research.
The result:
Our research and analysis revealed that the PPE business would experience relatively flat growth for the next five to ten years but in 7-10 years the proliferation of robotics in manufacturing will have a direct impact on PPE sales. Alternative business models were also explored.
The client retained Geo Strategy Partners to identity, assess, and quantify market opportunities to support a need for expansion. This encompassed the possibilities regarding selling more to existing customers, selling existing products to new customers, and developing new products for existing and new markets. We swept wide in identifying possible new products with demonstrated need in the market.
