Illinois Tool Works

Market Segment Manager

Illinois Tool Works$110K — $135K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Marketing, Engineering or a related field; MBA preferred.
  • 7+ years in strategic marketing, market research, product management or business development, ideally in B2B markets.
  • Proven track record in market validation and segment strategy.
  • Experience with primary research, market sizing, and competitive analysis.
  • Background in industrial products, welding, automation or distribution channels is a plus.
  • Proficient in Microsoft Excel and PowerPoint.
  • Willingness to travel up to 30% in North America and beyond.

Responsibilities

  • Identify and evaluate new growth opportunities in the welding industry.
  • Conduct customer interviews and site visits to gather insights on market needs.
  • Gather and analyze competitive intelligence to inform strategic planning.
  • Develop recommendations that guide business decisions and investment priorities.
  • Collaborate with cross-functional teams to support process improvements and best practices.
  • Track project success measures and contribute to continuous improvement initiatives.

Benefits

  • Collaborative and innovative work environment.
  • Opportunities for professional growth and advancement.
  • Travel experience across North America and internationally.
  • Engagement with cross-functional teams and diverse business units.
Full Job Description
Job Description:

The MIG Gun Division (Bernard & Tregaskiss) of Miller Electric, an ITW Company, is seeking a Market Segment Manager to help identify and evaluate growth opportunities across the Automation, Manufacturing, ConFab, and Light Industries segments. In this role, you'll lead market exploration, competitive analysis, and strategic planning efforts to better understand customer needs, market dynamics, and emerging opportunities. Working closely with Product Management, Engineering, Sales, Finance, Operations, Marketing, end users and other ITW Welding divisions, you'll provide insights that inform business decisions, support long-term planning, and help guide investments across our semi-automatic and robotic welding portfolio.

How You Will Make an Impact

Explore / New Market Validation

You'll help identify and evaluate new growth opportunities by exploring emerging markets, adjacent applications, and unmet customer needs across the welding industry. Through customer interviews, site visits, market research, and competitive analysis, you'll develop a deeper understanding of market dynamics, customer challenges, and areas of opportunity. Working closely with Product Management, Engineering, Sales, and Division Leadership, you'll assess opportunities, build business cases, and provide recommendations that support strategic decision-making and future investment priorities.

Market Intelligence / Competitive Analysis / Segment Strategy

You'll lead efforts to gather and translate market intelligence into insights that support business planning and decision-making. By monitoring customer, competitor, industry, technology, and channel trends, you'll help the organization better understand market dynamics and emerging opportunities. Combining market research with sales, profitability, and channel performance data, you'll provide recommendations that inform segment strategies, product roadmaps, and long-term planning across the MIG Gun Division and ITW Welding.

ITW Toolbox / Growth Improvement Projects

Using ITW Toolbox principles, you'll contribute to cross-functional initiatives focused on improving pricing, market share, channel performance, and go-to-market effectiveness. You'll apply customer and market insights to identify areas for improvement, support process enhancements, and help establish best practices across the organization. By defining success measures, tracking results, and sharing learnings, you'll contribute to continuous improvement efforts that support the division's growth objectives.

What You'll Bring to the Team
  • You'll bring experience evaluating markets, identifying opportunities, and using data to support business decisions.
  • You are comfortable working with both qualitative and quantitative information and can translate complex findings into clear recommendations for a variety of audiences.
  • Strong business and financial acumen, effective communication skills, and the ability to build relationships across functions will help you succeed in this role.
  • You are organized, adaptable, and able to manage multiple priorities while working through ambiguity.
  • Most importantly, you approach challenges with curiosity, sound judgment, and a collaborative mindset, balancing the needs of the division with broader business objectives.


Qualifications
  • Bachelor's degree in Business, Marketing, Engineering or a related field is required. MBA or equivalent master's degree is preferred.
  • Minimum of seven years of experience in strategic marketing, market research, product management, business development or a related role, preferably in B2B markets.
  • Proven success in market validation, segment strategy or new-market entry.
  • Experience with primary research, market sizing, competitive analysis and business-case development.
  • Experience with industrial products, welding, automation or distribution channels is preferred.
  • Proficiency with Microsoft Excel and PowerPoint is required.
  • Ability to travel up to 30% within the United States, Canada and internationally.
  • Desire and drive to advance and grow within the organization.


Compensation Information:

Compensation Information

The base salary range for this position is $110,000 - 135,000 annually. Please note that this salary information serves as a general guideline. The company considers various factors when extending an offer, including but not limited to the scope and responsibilities of the position, the candidate's work experience, education and training, key skills, as well as geographic location, market, and business considerations.

About Illinois Tool Works

ITW is an industrial manufacturing company that specializes in the fields of industrial machinery, engineering, operations, sales, marketing, finance, and accounting. It's in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which they live and work, the cars they drive, and the mobile devices they rely on. It was founded in 1912 and headquartered in Glenview Nas, Illinois.

Illinois Tool Works Careers

Join the dynamic team at Illinois Tool Works (ITW), a global leader in diversified manufacturing, where innovation and excellence drive us forward. ITW offers unparalleled job opportunities, fostering a culture of growth and leadership in the industry.

Work You’ll Do

At Illinois Tool Works, you will be part of a professional community that thrives on creativity and innovation. Our employees are equipped with the skills needed to succeed and are provided with endless opportunities for professional growth. Engage in work that matters, with projects that transform industries and enhance futures.

Explore Career Paths

Whether you're seeking an internship, a graduate opportunity, or a seasoned professional position, ITW offers a range of career paths across various departments. Our team benefits from a supportive and diverse working environment where every member’s contribution is valued.

Innovate and Lead

Join a team where innovation leads to revolutionary solutions in industries worldwide. At ITW, you will work alongside industry experts to develop new ideas and strategies that keep us at the forefront of technological advancements. Your career at ITW will be marked by a continuous journey of growth and leadership.

Develop Your Skills

With ITW’s commitment to professional development and diversity training, you will enhance your skills through targeted training programs and workshops. These opportunities not only boost your career but also ensure you stay competitive in the job market.

Be Part of Our Culture

ITW is dedicated to building a culture that respects and embraces diversity, encourages innovation, and fosters leadership. Our team is our greatest asset, and we believe in providing them with the benefits and resources they need to succeed both professionally and personally.

Networking and Professional Growth

Expand your professional network through ITW’s global presence and collaborative work environment. Engage with professionals across different sectors, gaining insights that can lead to significant career advancements. Our networking events and professional groups help you connect with key industry leaders and peers.

Join Our Team

Search for open positions that match your skills and interests on the ITW Careers page. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level.

Stay Connected

Keep up to date with the latest industry trends, company news, and career tips by following our careers blog. Personalize your experience by subscribing to job alert emails, tailored to your preferences and career goals. Explore the opportunities at Illinois Tool Works today and discover how your expertise can help shape the future of our company and the industries we serve. Join us in our mission to achieve excellence through innovation and leadership.
Learn more about Illinois Tool Works
Size
45,000 employees
Market Cap
$68.1 billion
Industry
Net Income
$2.1 billion
Founded
1912
5 Year Trend
+1.2%
Revenue
$12.5 billion
NASDAQ

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