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font-weight-bold text-white col-12 col-md-9 line-height-125 p-0"> Helped Client Tap into USD 19 Bn Opportunity for Forming Machine Tools </div>  </div> <div class="col-12 col-md-3 align-baseline"> <a href="/PDF/RIstory/usd-opportunity-for-forming-machine-tools.pdf"> <button class="btn btn-danger text-white font14 font-weight-bold px-4 py-2 my-1 text-uppercase">Download RIstory <i class="arrow-btn-white pl-2"></i></button> </a> </div> </div> </div> </div> <div class="container bg-white rounded px-md-5 py-md-3 mid-container"> <p align="justify"> <strong>Client’s Goals</strong></p> <p align="justify"> Client engaged Markets and Markets to help them identify revenue potential of forming machine tools in the US, Germany, Italy, Japan, and China. Our insights helped in defining and solving of a series of problems for the client. Two of the key problems solved were-</p> <ul> <li> Understanding of lucrative opportunities in different machine types</li> <li> Building of a value proposition for target customers</li> </ul> <p align="justify"> <strong>Our Approach</strong></p> <p align="justify"> As a part of our engagement model, access to all related high-growth niche markets were given to the client on KnowledgeStore, our AI-based market intelligence platform. Further, our analyst hours were used to understand the shifting revenue sources in client’s and client’s clients’ ecosystems. Our insights helped in the identification of five countries that were the primary revenue areas for our client’s client in end-use industries such as automotive, aerospace & defense, mining, steel and engineering, construction, and machinery. Our engagement entailed interviews with multiple potential customers in these end-use industries to understand their unmet needs, possible use cases, and their perspective on metal forming machine tools (shearing machine, bending machine, rolling machine, punch press machine, and hydroforming machine).</p> <p align="justify"> Further, analyst hours were also utilized to help the client build an understanding of the metal forming machine tools market. Our client services team helped the client to achieve its revenue goal by devising a differentiated product offering and forging a suitable alliance to secure revenue streams and create revenue impact.</p> <p align="justify"> <strong>Revenue Shifts Identified</strong></p> <p align="justify"> Manufacturing Industries are largely dependent on the machine tools for production purposes wherein the industry is moving more towards automation using CNC machine tools for quality, precision and time saving. These factors are presumed to cause shifts in revenue sources of client and its clients.</p> <p align="justify"> <strong>Interconnections</strong></p> <p align="justify"> The growth of the manufacturing industry has generated demand for faster production. This, in turn, is poised to increase demand for CNC machine tools precision with components like Flexible shafts and OEM pressure transducer (sensor). As a result, the demand for machine tools with these components is likely to increase.</p> <p align="justify"> <strong>Unknowns Identified</strong></p> <p align="justify"> Our insights revealed that OEM pressure transducer will be important component of CNC machine tools as sensors are widely used to achieve high automation and high precision.</p> <p align="justify"> <strong>Revenue Impact (RI)</strong></p> <p align="justify"> Our insights helped the client to tap into USD 19 billion markets for the next five years from our recommendations, with estimated potential of USD 130–180 million.</p> <p align="center"> <img alt="Opportunity for Forming Machine Tools" data-="" src="usd-opportunity-for-forming-machine-tools" /></p> </div> <div class="comment-sec py-4"> <div class="container">   <div class="commentslist"> </div> <div class="leave-comment py-4 "> <div class="row"> <div class="col-1"></div> <div class="col-12 col-md-11 p-md-0"> <div class="font12 font-weight-bold pb-3"> LEAVE A COMMENT </div> <div class="input-group pb-3">  </div> <div class="input-group pb-3"> <textarea id="txtcomments" rows="4" class="form-control rounded-0 font13 border border-secondary" aria-label="" placeholder="Enter your comments here"></textarea> </div> <button id="postcomment" data-toggle="modal" data-target="#myModal" class="btn btn-red font13 font-weight-bold rounded-0">COMMENT</button> </div> </div> </div> </div> </div>  <div class="py-4 impact-stories-sec"> <div class="col-12 text-center"> <h3 class="head-3 c-blue font-weight-bold">More Revenue Impact stories</h3> <p class="par-3 c-gray"> See how future revenue sources change for these companies </p> </div> <div class="container"> <div class="row"> <div class="col-12"> <div class="slider custom-carousel"> <div class="slider-item"> <div class="box-3 bg-white h-100"> <img src="data:image/png;base64,R0lGODlhAQABAAD/ACwAAAAAAQABAAACADs=" data-src="https://www.marketsandmarkets.com/images/ristories/automotive-transportation-small.jpg" class="img-fluid" alt="abrasion" > <div class="ri-story">REVENUE IMPACT (RI) STORY</div> <div class="inner_content p-4"> <h6 class="c-blue font15 font-weight-bold">Identified USD 250 Mn Opportunity for Transfer Case and Lubricants Manufacturer</h6> <div class="py-2"> <span class="c-red font12 font-weight-bold">AUTOMOTIVE AND TRANSPORTATION</span> <span class="date-time font12 px-2 c-gray">2/1/2021</span>  </div> <p class="c-dark font14 mb-5"> A global lubricant manufacturer and supplier engaged Markets and Markets for strategizing revenue growth in North American transfer case and lubricants market. The engag .... </p> <a href="/ristories/identified-usd-opportunity-transfer-case-lubricant-smanufacturer.html" class="btn-read-more">Read More</a> </div> </div> </div> <div class="slider-item"> <div class="box-3 bg-white h-100"> <img src="data:image/png;base64,R0lGODlhAQABAAD/ACwAAAAAAQABAAACADs=" data-src="https://www.marketsandmarkets.com/images/ristories/automotive-transportation-small.jpg" class="img-fluid" alt="abrasion" > <div class="ri-story">REVENUE IMPACT (RI) STORY</div> <div class="inner_content p-4"> <h6 class="c-blue font15 font-weight-bold">Helped Client Identify USD 720 Mn Revenue Potential in Automotive Software Solutions</h6> <div class="py-2"> <span class="c-red font12 font-weight-bold">AUTOMOTIVE AND TRANSPORTATION</span> <span class="date-time font12 px-2 c-gray">9/10/2020</span>  </div> <p class="c-dark font14 mb-5"> Our client, a management consulting firm, wanted our insights to identify growth opportunities for automotive software. With the help of our engagement model, a series o .... </p> <a href="/ristories/identify-usd-revenue-potential-in-automotive-software-solutions.html" class="btn-read-more">Read More</a> </div> </div> </div> <div class="slider-item"> <div class="box-3 bg-white h-100"> <img src="data:image/png;base64,R0lGODlhAQABAAD/ACwAAAAAAQABAAACADs=" data-src="https://www.marketsandmarkets.com/images/ristories/automotive-transportation-small.jpg" class="img-fluid" alt="abrasion" > <div class="ri-story">REVENUE IMPACT (RI) STORY</div> <div class="inner_content p-4"> <h6 class="c-blue font15 font-weight-bold">Helped Cloud-Based Solution Provider Identify USD 191Mn Opportunity in Robotaxis</h6> <div class="py-2"> <span class="c-red font12 font-weight-bold">AUTOMOTIVE AND TRANSPORTATION</span> <span class="date-time font12 px-2 c-gray">9/10/2020</span>  </div> <p class="c-dark font14 mb-5"> A global cloud-based solution providing firm engaged Markets and Markets for increasing its revenues. Our insights into Robotaxi types such as van and bus helped the cli .... </p> <a href="/ristories/cloud-based-solution-provider-identify-usd-opportunity-robotaxis.html" class="btn-read-more">Read More</a> </div> </div> </div> <div class="slider-item"> <div class="box-3 bg-white h-100"> <img src="data:image/png;base64,R0lGODlhAQABAAD/ACwAAAAAAQABAAACADs=" data-src="https://www.marketsandmarkets.com/images/ristories/automotive-transportation-small.jpg" class="img-fluid" alt="abrasion" > <div class="ri-story">REVENUE IMPACT (RI) STORY</div> <div class="inner_content p-4"> <h6 class="c-blue font15 font-weight-bold">Helped Client Tap into USD 19 Bn Opportunity for Forming Machine Tools</h6> <div class="py-2"> <span class="c-red font12 font-weight-bold">AUTOMOTIVE AND TRANSPORTATION</span> <span class="date-time font12 px-2 c-gray">9/10/2020</span>  </div> <p class="c-dark font14 mb-5"> Client engaged Markets and Markets to help them identify revenue potential of forming machine tools in the US, Germany, Italy, Japan, and China. Our insights helped in d .... </p> <a href="/ristories/usd-opportunity-for-forming-machine-tools.html" class="btn-read-more">Read More</a> </div> </div> </div> <div class="slider-item"> <div class="box-3 bg-white h-100"> <img src="data:image/png;base64,R0lGODlhAQABAAD/ACwAAAAAAQABAAACADs=" data-src="https://www.marketsandmarkets.com/images/ristories/automotive-transportation-small.jpg" class="img-fluid" alt="abrasion" > <div class="ri-story">REVENUE IMPACT (RI) STORY</div> <div class="inner_content p-4"> <h6 class="c-blue font15 font-weight-bold">Electrical and Electronic Components Manufacturer Identified USD 40Mn Opportunity in commercial vehicle & off-highway radar market</h6> <div class="py-2"> <span class="c-red font12 font-weight-bold">AUTOMOTIVE AND TRANSPORTATION</span> <span class="date-time font12 px-2 c-gray">9/10/2020</span>  </div> <p class="c-dark font14 mb-5"> A global manufacturer of electrical and electronic components engaged Markets and Markets for strategies to penetrate commercial vehicle & off-highway radar market. A se .... </p> <a href="/ristories/opportunity-commercial-vehicle-off-highway-radar-market.html" class="btn-read-more">Read More</a> </div> </div> </div> <div class="slider-item"> <div class="box-3 bg-white h-100"> <img src="data:image/png;base64,R0lGODlhAQABAAD/ACwAAAAAAQABAAACADs=" data-src="https://www.marketsandmarkets.com/images/ristories/automotive-transportation-small.jpg" class="img-fluid" alt="abrasion" > <div class="ri-story">REVENUE IMPACT (RI) STORY</div> <div class="inner_content p-4"> <h6 class="c-blue font15 font-weight-bold">Helped Vehicle Body Manufacturer Identify USD 10 Mn Opportunity</h6> <div class="py-2"> <span class="c-red font12 font-weight-bold">AUTOMOTIVE AND TRANSPORTATION</span> <span class="date-time font12 px-2 c-gray">9/10/2020</span>  </div> <p class="c-dark font14 mb-5"> A global vehicle body manufacturer leveraged our engagement model to increase its revenue growth. 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