Prototypes of the prefabricated modules have been made of 430 stainless steel with internal piping made of copper. These prototypes were tested and several characteristics such as thermal conductivity, thermal expansion, thermal insulation, density, compressive strength and operating pressure were measured. These results were checked against target specifications and a comprehensive action plan and its associated budget to reach them was planned.
From a commercial point of view, we have defined and analysed both the Industrial & Residential Heating and the Underfloor Heating markets. A market segmentation was done based on solution type, use, and geographic. Main market trends boosting this market growth and the main competitors in the market were identified. Finally, the main regulations affecting HEATILE, as well as the market barriers that might prevent a successful commercialisation and the IPR strategy were carefully assessed. From a financial point of view, the five years financial projections show a profitable business