Comment by perlgeek
2 days ago
The definition of "market niche" must do too much work for my liking to make this true.
For example, for the market niche "getting people from one location to another" there are quite many technologies, like walking, bicycles, scooters, cars, trains, ships, airplanes, helicopters etc., none of them evolved as a clear winner that displaced the others.
You might say, that's a whole market, not just a market niche, but it's also a niche of the larger transportation market.
When we look at something like grid-scale energy storage, how do we know if it's a winner-takes-all niche? Maybe constraints such as availability of space, availability of funding, weather, climate, grid demands etc. create sub-niches with their own winners. Or maybe not, but how can we known?
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