Feasability Studies
Collecting, evaluating and reporting findings as a basis for decision making.
Why do we need to make a feasability study?
Each project has its specific areas of interest depending on which are the objectives of the study. There are different questions to be answered when a new product should be introduced to the market by a sales and marketing company or when a development company needs to come up with a product to fill an already well defined gap in the market.
Let us help you gather and compile the information you need!
Can we design a new ionizing gun with built-in high voltage generator?
Can we make a cleaning unit for inside and outside cleaning for sterile vials?
Is there a specific method for making the study?
Well, no not really, but if you cannot define the product and identify a customer need for buying, either forget the idea or redefine to get the answers right. There are many questions to be answered before you start investing larger sums in a new project and once the homework has been properly done less major unforseen obstacles will turn up. Here are some points you will have to consider for your new project:
- Market survey, segmentation
- Competitors
- Price structure
- Patentability
- Technical restraints
- Production facilities
- Legislation
Case Studies
Feasability studies Case study 3
As a UK manufacturer of rubber & polyurethane rollers & rubber compounds we want to know if there are export opportunities in the Scandinavian countries?
View Case >>Feasability studies Case study 2
Is the idea of using electrostatics in wire drawing machines a novel idea worth pursuing? Are there any patents or other known information to prevent...
View Case >>Feasability studies Case study 1
Is the use of in mould labelling technique (IML) a cheaper option than adhesive labels or printing? When does an investment reach break-even? Production cost...
View Case >>