SuBSTITUTION RISK FOR cArrIER BELTS
You want to understand the business risk coming from the latest product concepts? We identify the potential substitution concepts and determine the substitution risk for your products.
- Trading company for industrial drive products
- Wants to understand the future of carrier belts in the manufacturing industry and identify new sales opportunities.
With the help of mine&make-Analytics, we have first captured the exact applications for carrier belts in the industry sectors ‘packaging and filling machines’ (these sectors were chosen by our customer because of their business relevance) and the application-specific requirements. We have then identified the product concepts that can satisfy the functional requirements. These potential substitution products were finally assessed according their substitution potential and to the substitution time scale.
Engagement model: insights-as-a-service
- +110 applications for carriers belt in the industry sectors ‘pacakging anf filling machines
- +5 potential substitution products with a substitution potential between low and high and with a time scale between short and long
- detailed information about the substitution products