XCDM is on an exciting journey, carefully selecting three groundbreaking innovations to introduce to the market. With our visionary management team and extensive industry network, we've curated a portfolio that represents innovation at its finest. Our deep-rooted connections with leading brands, manufacturers, distributors, and experts allow us to handpick these extraordinary projects.
What sets us apart is our unmatched expertise. We possess the unique ability to drive business growth, unlock new revenue streams, and seize opportunities with unparalleled efficiency. Our innovative approach creates a vibrant community, shares valuable data, and develops cutting-edge content and knowledge infrastructure.
We also forge meaningful connections between brands and customers, fostering an inclusive community built on equity, security, trust, and sustainability. And let's not forget the fun—we relish the joy of creating invaluable content and knowledge, enriching the experiences of all involved. Get ready for a new era of dynamic and innovative solutions that will shape the future of our industry.
Now, let's dive into the products we intend to develop.
Tyres are a crucial component of every vehicle and a key element in safety. Tyres durability affects the performance and operational costs of large vehicles such as trucks and buses or off-road vehicles. Traditional rubber tyres wear and tear easily, and they contribute to environmental damage when replaced frequently.
Using Nitinol materials in tyre manufacture, NASA was able to make more durable, cost-efficient, and eco-friendly tyres for its Mars rover vehicle. This landmark initiative in tyre production has opened the door to endless possibilities.
NASA first created Nitinol tyres for Mars exploration missions, where the rough terrain and high- temperature variations demanded a long-lasting and dependable tyre solution. Following successful testing, the technology was further developed for large vehicles such as trucks and buses, agricultural vehicles, and defence vehicles.
Large tyres, such as those used on trucks and buses, have a sizable market that is expected to expand further. According to Allied Market Research, the worldwide commercial vehicle tyre market was valued at $182.3 billion in 2020 and is expected to reach $312.1 billion by 2030.
Through licensing our technology and patents, one could expect to claim 1 to 2% of the global tyre market whilst making a stronger impact in specific markets such as defence, commercial trucks and buses.
The development of Nitinol tyres requires collaboration between industry, science, and research. This can be further improved, patented, licensed, and brought to market by collaborating with well-known Tyre manufacturers with proven production methods and wider distribution channels. Our expertise and connections within the industry allows this to become a reality.
Such exclusive development will be applicable to most industries using tyres, from transport to aeronautic to defence to automobile and 2 wheel vehicles and will enable us to operate across the board.
Nickel based materials in footwear will considerably improve fit, comfort, and durability in a diverse array of applications: sport, leisure or protective work shoes.
The footwear industry has used traditional materials such as rubber, leather, and synthetic fibres. These materials have disadvantages, including poor durability, poor fittings, and discomfort.
Nickel mixed with other metals makes an excellent material for the manufacture of footwear. Its super elastic nature to retain its initial shape after being subjected to heat or pressure allows nickel-based shoes to conform to the wearer’s foot, providing a better fit and enhanced comfort. Nickel-based footwear has a broad range of potential applications, including Sports shoes (for better support, flexibility, and comfort). Industrial shoes (for better comfort and durability) and Children’s shoes (for easy fit for their developing feet).
The global footwear market was worth $365.5 billion in 2020, with a 3.7% growth rate forecast from 2021 to 2028. The footwear industry is dominated by the United States and developing countries. The footwear market in the United States was estimated at $85.8 billion in 2020, with a 4.0% growth rate expected from 2021 to 2028. The footwear market in developing countries is expected to reach $214.2 billion by 2027. Typically an innovation in this field would be able to generate revenues in licensing that could represent 2 to 3% of this market.
The creation of footwear has immense potential for innovation. Designers can develop shoe styles and shapes that were previously unattainable with standard materials with its shape memory and elastic qualities. Collaboration with the Innovation Lab and other stakeholders will enable more designers and innovators to participate in the creation of new and sustainable products. Partnerships through ingredient licensing can be contracted with leading companies in each of the market in the sport area, lifestyle and personal protection equipment opening the door to considerable revenue streams through royalties based on sales.
Body armour is essential for the safety and security of law enforcement officers, military personnel, and people in high-risk occupations. With Nickel’s unique qualities, a shape memory alloy consisting of Nickel and titanium has been proposed as a breakthrough material for body armour fabrication. The new body armour can provide better protection, more comfort, improved durability, and less weight.
Conventional body armours are made of steel, ceramic, and Kevlar. These are materials with relatively heavy weights. Innovators found nickel as a perfect substitute for these materials without compromising quality. Nickel-based body armour is lighter, stronger, more flexible, and relatively cheaper to maintain. The innovators, manufacturing industry, science, and researchers are working together to increase the development of Nitinol body armour.
The global body armour market was worth USD 2.3 billion in 2020 and is predicted to increase at a CAGR of 4.5% between 2021 and 2028. Due to considerable demand from military and law enforcement personnel, the United States and developing countries such as China, India, and Brazil form the main markets for body armour. That implied a substantial market opportunity for Nitinol body armour, particularly in the United States and emerging countries.
Through our technology and patents licensing in this field could represent up to 5% of the current market.
The creation of Body Armour has immense potential for innovation. The community can develop styles and strengths that were previously unattainable with its new potential. Collaboration with the Innovation Lab and its community will enable better designs and innovations in the creation of new and sustainable products. There are fewer players in this market and our connection are second to none to quickly make an impact and position our innovation as leading in this field.