After internal hydraulic and functional tests, Smart Cylinder prototypes have been implemented in demolition machinery, being tested on the field with good results. We now need to achieve technical and commercial market readiness to face large-scale production.
The requirements for Smart Cylinder are diverse in different applications and for different customers. Our market analysis has enabled us to detect the most promising sectors, being demolition our first target market. Then we will expand it to other sectors, starting with recycling and following with lifting and handling equipment. Every application has particular needs regarding power, speed, size and control, affecting the design of the internal pressure amplifier, that has to be modified to fulfil different requirements.
From the financial point of view, we have considered the risks and market barriers and made a SWOT analysis. We expect to sell more than 3,000 Smart Cylinder units during the fifth year of commercialisation, leading to a ROI around 4 and to the creation of more than 40 new jobs