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Client Consult Problem Statement:

MnM’s client who is one of the leading manufacturer of Electric Heating systems was interested in project involving “Assessment of Electric Heating Systems market in India and detailed by products”. The key objective for the study involved :

  1. In-depth analysis of Indian Electric Heating systems market for products and by Indian regional market
  2. Detailed supply chain, pricing analysis and competitor analysis
  3. The pricing and product analysis for panel heaters, radiators, underfloor heating, and frost protection was provided in terms of technical and market perspective

Solution Provided:

  1. Methodology Adopted by MnM : MnM conducted a detailed search of the public domain and its own proprietary & non-proprietory database on target Indian Electric Heating systems market to orient the project, develop the industry structure including, manufacturers/suppliers, distributors, customers, associations, regulatory authorities and allied stakeholders. Exhaustive interviews were conducted from sales, marketing, production, technical experts using a semi-structured Discussion Guide to understand and provide the in-depth analysis of the market. These interviews were used to draw out information such as major customers, end user industry demand, customers activity, trends, future growth, etc. Similarly among regulatory authorities, associations and others bodies, MnM also obtained detailed information on market sizes, usage trends, future growth prospective for target end user industries along with the major consumer details.
  2. Actual Solution Provided: - Through the detailed outcome of the study, we provided inputs on-
    • Market size of the Indian Electric Heating systems market products and different Indian regions
    • Supply chain analysis of the Indian Electric Heating systems market by different stakeholders
    • Developments trends in the Indian Electric Heating systems market and the competitors product analysis, pricing analysis, and various other parameters, comparative heating systems of the Indian Electric Heating systems

Value Delivered:

MnM’s client was able to understand the current scenario of the Indian Electric Heating systems market. Also, the market forecasts were provided to focus client’s attention to the high growth markets of Indian Electric Heating systems.

  • The strategic analyzing the micro-markets with respect to individual growth trends, future prospects, and contribution to the total Indian Electric Heating systems market

The product and pricing analysis with respect to different electric heating systems helped the client to target the new customers in different regions with the precise product category and pricing.

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