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Client Consult Problem Statement:

One of the renowned manufacturer of Tunnel boring machine and Raise bore machine was interested in knowing Tunnel Boring Machine market size for 2014 to 2019 and Raise Boring Machine Market Overview, Status and the upcoming Projects for Nepal, Bhutan, Bangladesh, Srilanka and Southeast Asia. MNM’s client wanted to have key focus on the following:

  • Detailed qualitative and quantitative analysis of the market.
  • Comprehensive review of major market drivers, restraints, opportunities, challenges, and key issues in the market.

Solution Provided:

  1. Methodology Adopted by MnM : MnM carried out this study through a combination of extensive secondary research followed by primary discussions with Key Opinion Leaders across the value chain within target geographies. Top-down approach is used to cover key sources of primary information that included manufacturers of Tunnel and Raise boring machine, their channel partners & associates and other industry experts. By conducting detailed and informative primary discussions within these respondent categories across various functions, MnM analyzed current & forecast quantitative market information, and developed deep-dive qualitative insights into industry trends & dynamics across each of the target countries. In total, MnM conducted 20 primary discussions to gain more insight on market through the industry experts.
  2. Actual Solution Provided: -
    • MnM studied Tunnel and Raise bore machine market for specified countries.
    • MnM analyzed the Tunnel Boring Machine Market on the basis of TBM hard Rock, TBM soft ground, and end use application as Mining, Transport and Infrastructure.
    • Captured all upcoming tunnel projects in Hydro Power, Metro, Sewerage, Road Tunnels, Gas Pipeline for the above mentioned countries.
    • Discussions were held with competitors to understand their product positioning, pricing and market dynamics.

Value Delivered:

MnM’s client was able to identify the market for Tunnel boring machine for entry in the specified countries, and formulated its market entry strategy.

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