Market_Opportunity_Analysis

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shown here, is recommended. Additional information may be provided after the table. Based on the comparison, select one country/region that is most promising for your client.
Example of Market Opportunity Analysis for solar-powered electric vehicle charging stations Product success criteria: Climate: warm, many sunny days allowing for harvesting solar energy Innovation adaptation: many consumers open to innovative products, such as electric vehicles Wealth: Many consumers able to pay for the still-very-expensive electric vehicles Government support: Government subsidies for electric vehicle and solar power technology and infrastructure Political stability: no political or civil unrest that may scare long-term investors Population density: High population density allowing access of many consumers to each charging station High cost of traditional fuels making solar energy a viable alternative Open to foreign investment U.S.A. Central and Southern U.S.A. has warm dry climate allowing for harvesting solar energy most of the year Very high Very high, most people can afford the technology Moderate to high, many government programs and tax credits to make electric vehicles and solar power more affordable, also state and local governments often offer additional support Very stable High in some regions (e.g., West coast, east coast), but low in others, solar charging stations advised in these regions and along major interstate highways Fossil fuels are comparatively cheap, but the price is rising Very open China Central and Southern China has warm dry climate allowing for harvesting solar energy most of the year Very high in large cities, low to moderate in other parts of the country High and increasing in large cities, low to moderate in other parts of the country Very high, electric vehicles and solar power are strategic areas of development, heavily supported by the government Very stable High in some regions, many very large cities with exceptionally high population density Fossil fuels are comparatively cheap, but the price is rapidly rising Open, but more barriers reported Japan Suitable climate in most of the country, particularly in the South Very high Very high Moderate to high, many government programs and tax credits to make electric vehicles and solar power more affordable Very stable Very high throughout the country, many very large cities with exceptionally high population density Very high, additionally, nuclear power largely unavailable following Fukushima incident Very open but some foreign investors fail due to cultural and institutional differences