Business Challenge
A North American certification, testing, and inspection service provider wanted to understand the market for its hazardous location (hazloc) testing and inspection services in Australia, China, India, Japan, South Korea, and Taiwan.
Situation
The client wanted to understand the market landscape, study emerging trends and drivers, identify existing players and their core offerings, obtain an overview of the leading labs and customers, and understand the certification services likely to be required by target customers.
Approach
We conducted in-depth secondary research followed by 40+ primary interviews to assess the market landscape, major market players and their offerings, best practices, and current testing, inspection, and certification infrastructure for the Industrial Hazloc segment.
Impact
The client used our market analysis insights to identify and prioritize the market segments to focus on during each phase of its Asian market entry plan and align its business structure to counter threats from existing players.
