What is an industry analysis?

An industry analysis systematically examines a defined target industry based on defined criteria/questions. The industry analysis serves to reliably assess a company's strengths, weaknesses, opportunities, and threats within the target industry (SWOT analysis). Industry analyses are conducted, for example, as part of a planned market entry analysis (national/international) or a market potential analysis. Crucial for the successful execution of an industry analysis is the clear delimitation of the relevant [...]

By | July 26, 2021 |

How long does it take to prepare an individual industry analysis?

The processing time for a customized industry analysis varies between a few days and several weeks, depending on the topic and scope. The methodology used plays a crucial role. If only secondary sources need to be evaluated, industry analyses can usually be prepared quite quickly. However, if a deeper understanding of the industry requires conducting interviews with market participants and experts, more processing time is needed. Please [...]

By | April 21st, 2020 |

What are the advantages of an externally prepared industry analysis?

Externally conducted industry analyses offer a neutral and reliable picture of the target industry under investigation. Clients benefit from the methodological expertise of external analysts and the extensive access to sources offered by specialized agencies like MEYER INDUSTRY RESEARCH. At the same time, outsourcing enables the rapid completion of industry analyses when internal resources are limited.

By | April 21st, 2020 |

What sources does MEYER INDUSTRY RESEARCH use to develop industry analyses?

Specialized agencies like MEYER INDUSTRY RESEARCH have access to key data sources that enable reliable and comprehensive industry analysis. These include, for example, specialized international company databases, databases for research in industry-specific trade publications, and access to business reports, annual reports, and analyst reports. In addition to these secondary sources, we conduct telephone interviews with market participants, experts, and decision-makers at potential clients within the target industry.

By | April 21st, 2020 |

What topics should a complete industry analysis cover?

In most cases, an industry analysis covers the following areas: (1) market size and potential, (2) market growth, (3) competitive landscape and strategic analysis of key competitors, (4) customer structure and customer requirements, and (5) market trends and developments. As part of a customized industry analysis from MEYER INDUSTRY RESEARCH, it is possible to tailor the analysis to the specific requirements of the client [...]

By | April 21st, 2020 |

What special considerations apply to an industry analysis in the industrial sector?

To obtain meaningful results from industry analysis in the industrial sector, a clear definition of the industry under consideration is particularly important. Industry codes (in Germany: WZ codes, internationally: NACE codes) can be used for this purpose. Especially in the industrial sector, further delimitation criteria often need to be considered, as the existing industry codes are too broadly structured. In most cases, it is also advisable to [...]

By | April 21st, 2020 |

What is the purpose of an individual industry analysis?

A customized industry analysis provides a structured overview of the market, potential, competition, customer requirements, and trends in a defined target industry. Industry analyses are frequently conducted as part of market entry projects, the development of new customer groups, or the strategic realignment of companies. Commissioning a customized industry analysis enables an in-depth understanding of specific markets that are not covered by general industry analyses.

By | April 21st, 2020 |
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