The 2013 Report on Single-Stage Radially Split Double-Suction API-610 Compliant Impeller Centrifugal Pumps with Discharge of 4 Inches or Less: World Market Segmentation by City
In performing various economic analyses for its clients, I have been occasionally asked to investigate the market potential for various products and services across cities. The purpose of the studies is to understand the density of demand within a country and the extent to which a city might be used as a point of distribution within its region. From an economic perspective, however, a city does not represent a population within rigid geographical boundaries. To an economist or strategic planner, a city represents an area of dominant influence over markets in adjacent areas. This influence varies from one industry to another, but also from one period of time to another.
In what follows, I summarize the economic potential for the world's major cities for 'single-stage radially split double-suction API-610 compliant impeller centrifugal pumps with discharge of 4 inches or less' for the year 2013. The goal of this report is to report my findings on the real economic potential, or what an economist calls the latent demand, represented by a city when defined as an area of dominant influence. The reader needs to realize that latent demand may or may not represent real sales. For many items, latent demand is clearly
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