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Power Solutions Market Analysis

Date post: 26-Jul-2015
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Power Solutions Market Analysis
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1. Power SolutionsMarket Analysis 2. Interviews Asked questions such as: Did you bring any mobile devices on yourbackpacking trip? What did you use to charge these devices? Would you be interested in a completely renewablecharging solution for all of your mobile devices? What would you pay for a product such as this? 3. What is the Problem? 4. Whose problem? 5. Market SegmentPopulation estimate 2013:1,015,165Market population: roughly700,000(According to United StatesCensus Bureau) 6. Market Competition Started in a barn in 2006, Now a $200million dollar enterprise. $200 million dollar growthin 7 years Started in 2009 #62 on Forbes list ofAmericas most promisingcompanies 7. Trends Driving Growth More and more people use devices than ever In one interview the subject reported carrying 5different mobile devices This subject had no way to recharge their devices Would have paid up to $200 for a power solution


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