Disruptive Tech for Cycling Enthusiasts
The Next Product Offering for Sales Growth
Thank you for your interest in AeroLab and its fast growing consumer product potential.
Power Meter Companies Growth Plans
During the business modelling, power meter manufacturers consistently showed strong interest. They communicated that Aerodynamic Sensors are the next evolution as their market becomes more competitive and profits decrease.
With global unit sales of power meters between 80,000 and 120,000, as well as increasing competition and falling prices, AeroLab has a new technology product that serves to increase corporate sales for these companies.
Computer wearables and cycling head unit manufacturers have also realized that Aerodynamic Sensor technology has huge potential to increase their market sales and corner a market in its early development.
Market Data Indicates Strong Sales Potential
Focusing on realistic sales based off of the market feedback. Companies looking at AeroLab anticipated annual unit sales between 8,000 and 12,000 (10% of global power meter sales). Aligned with a good consumer product education program sales would grow to 12% to 18% of power meter sales, or up to 18,000 units annually.
AeroLabs beta user application offers data on anticipated unit sales and pricing. From more than 150 beta applications, the unit pricing landed in the range of $600 to $800 USD with 45% of consumers towards the lower end of this price range and an additional 40% at the higher end.
Based on the consumer market and manufacturing sectors feedback, the projected total sales revenues are estimated at USD $30 million in sales in 3 to 5 years.
AeroLab Focus for Growth
The team at AeroLab Tech is focused on aligning with an equity partner that has a strong market presence in sport cycling with:
Global Market Network Reach
Electronics Manufacturing Understanding
Strong Growth Resources
Invests in Strong IP and IoT Wearables
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