A feasibility study is often necessary to prove that a concept will work. There may be critical items that are required for the full function of the product which are unknown or untested. A feasibility study sets out to verify the critical factors in the product design and prove that these are achievable.

We carry out a feasibility study to save your time and money

• Quickly identifying if the product idea will work
• Estimating costs for the stages to follow
• Defining a clear plan to deliver the product

The study should confirm whether the required outcome is possible and at the required price point to ensure market viability.

A feasibility study may include:

• Identification of product and regulatory requirements
• Testing the function properties of materials and components to be used
• Identification of electronic components and proof of their function to specification
• Identification of manufacturing processes to be used
• Costing exercise for key components
• Costing for the product development cycle