Periodic Reporting for period 1 - HEATILE (An innovative, thin and quick-to-install prefabricated Prefabricated ‘click-in’ underfloor heating system capable to be installed directly on the existing floor and connectable to the radiator system.)
Période du rapport: 2019-12-01 au 2020-03-31
HEATILE is an innovative hydronic underfloor heating solution based on the use of prefabricated radiant modules (tiles). It completely replaces the function of a conventional radiator-based system while overcoming the issues of the state-of-the-art underfloor heating technologies. It is very fast an easy-to-install (hours instead of weeks), being the market’s thinnest and fastest-acting underfloor heating system. From the user point of view, it provides unique advantages: there is no need for masonry works, it is cost efficient and its extremely low thermal inertia allows for a drastic reduction of the heating time.
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