Neuros Co., Ltd.
- Industry
- Industrial Machinery & Equipment
- Founded Year
- 2000
- Headquarters
- 274 Techno 2-ro, Yuseong-gu, Daejeon, South Korea
- Employee Count
- 125
Key People
- Kim Seung-woo - Founder & Chief Executive Officer
Assessment
- Team
-
Aspect: First-time 10+ yrs
Summary: Led by founder and CEO Kim Seung-woo, Neuros Co., Ltd. has a leadership team with over a decade of experience in the industrial machinery sector.
A leadership team with over 10 years of experience in the relevant industry is considered a strength, as it suggests a deep understanding of market dynamics and operational challenges.
- Clinical Need
-
Aspect: Me too
Summary: Neuros Co., Ltd. operates in the industrial machinery sector, focusing on turbo blowers and compressors, which are common products in the market.
Products categorized as 'Me too' indicate a market presence without significant differentiation, which can limit competitive advantage.
- Competition
-
Aspect: Very crowded
Summary: The market for turbo blowers and compressors is highly competitive, with numerous established players.
A 'Very crowded' competitive landscape suggests numerous competitors, which can lead to market saturation and reduced profitability.
- Technical Challenge
-
Aspect: Predictable
Summary: The technology involved in manufacturing turbo blowers and compressors is well-established and predictable.
Predictable technical challenges indicate a mature technology with established manufacturing processes, reducing risk.
- Patent
-
Aspect: Mixed
Summary: Neuros Co., Ltd. holds a mix of patents, with some providing strong protection and others offering limited coverage.
A 'Mixed' patent portfolio suggests variability in the strength and coverage of intellectual property, which can impact competitive advantage.
- Financing
-
Aspect: Medium
Summary: The company has secured moderate funding from various investors, including NH Investment & Securities Co., Ltd. and others.
A 'Medium' financing status indicates adequate funding for current needs but may require additional investment for growth initiatives.
- Regulatory
-
Aspect: 510k/PMA
Summary: Neuros Co., Ltd. complies with standard regulatory requirements for industrial machinery manufacturing.
Adherence to regulatory standards is essential for legal operations and can enhance market credibility.
Opportunity Rollup
- Odds of Success
- 3.15
- Peak Market Share
- 4.15
- Segment CAGR
- 3.5%
- Market Segment
- Industrial Machinery
- Market Sub Segment
- Turbo Blowers and Compressors
| Year Post Launch | Market Penetration (%) |
|---|---|
| 1 | 0.21 |
| 2 | 0.62 |
| 3 | 1.45 |
| 4 | 2.90 |
| 5 | 4.15 |
Key Takeaway
Neuros Co., Ltd. operates in a competitive industrial machinery market with a strong leadership team and predictable technical challenges, but faces challenges in differentiation and market penetration.