Government spending with the Energy Industry and Infrastructure
Investment in energy infrastructure as well as cleaner sources of power provides a number of growth opportunities for new and existing private and public companies. Companies who may be currently struggling with growth in other industries such as construction, industrial, manufacturing and technology have an opportunity to add or redirect their focus to serving the growing energy infrastructure products and services market.
Added incentives from government spending and tax cuts will provide manufacturers, distributors and suppliers across the country an opportunity to grow their business through bolt-on products and services, current and new product lines, and service capability developments and expansions. Federal government funding requests from state and city government level to upgrade and develop energy efficient systems and technology to integrate into their current systems range from $48 - $57 Billion. These shovel ready projects include construction and installation of wind power and solar power systems, upgrades in water usage and waste water treatment plants, storm water pipes and sewer lines and storage facilities, electricity grids and more.
However, although the energy and infrastructure industries present companies with great growth potential many struggle with where to start. It is important for companies to continually revisit their strategic plans to determine if their initiatives are meeting market demand. The energy and infrastructure industries are creating new product and service demands.
Critical issues and considerations with market entry and growth within the energy infrastructure industry include:
- Identifying multiple investment options and return on investment
- Risk allocation
- Roles of government and private sector
- Finding and training employees
- Understanding market demands
- Technology developments
How can Ducker Worldwide help?
Our industry experts hold proprietary knowledge and will work with you to develop the right customized program in order to address your organizations specific needs including:
- Market assessments to determine the most strategic opportunity to fit your business and growth initiatives
- Conducting competitive intelligence to determine if there is an opportunity within the market and who your competitors are
- Customer analysis identifying current and new customers targets
- Investment analysis developing approach for entering market including merger and acquisition searches as well as additional investment opportunities
Within the energy infrastructure industry Ducker Worldwide has industry experts in the following:
For more information on Ducker Worldwide’s strategic research and consulting capabilities and how Ducker Worldwide can help you enter and obtain growth within the energy industry, please contact one of our team members at 877-538-2537 or email us at info@ducker.com.