Periodic Reporting for period 1 - SNIPER (Water Mist Fire Protection Systems for Engine Compartments in Buses and Coaches)
Reporting period: 2019-08-01 to 2019-11-30
We conducted a deep analysis of the Fire Protection and Suppression Systems Market for bus engines and the commercial impact that we are targeting. We quantified the SNIPER system market size, the pricing strategy, the current and potential competitors, as well as barriers to overcome. We have developed our commercial strategy for SNIPER including the exploitation strategy and spot potential commercialization risks and mitigation strategies to ensure commercialization success. We updated our FTO and IPR to get global market penetration.
We evaluated the total investment required and the financial viability of the project. Furthermore, we perform a cost analysis of the SNIPER system and update the sales projections, cost, margin and ROI for the first 5 years of commercialisation.
We compiled all this information to create a business plan for Sniper.