Revenues

1. Market forecast of smart cooking appliances

Fig. 1 shows the prediction of global kitchen appliance market toward to the year 2020. According to this prediction, the market will rise up to 203.4 billion at year 2020. The increase of CAGR (compound annual growth rate) is approximately 6% per year, if we consider the factors of technology such as IOT, AI, big data, EC, and unman operation etc. on kitchen market, that will increase than this prediction more times. This is a huge and big growth market, and it will impact a lot of peoples to change their life styles with smart appliances. As we think when the convenience is coming, the market growth will be exponential expanded to the smart house. What type products share the market in the future? Here except the energy consumption, most of indicators are expanded that include smart kitchen appliances, health concern, quality product, and advancement technology on year 2020. Smart kitchen appliances are the focus in living matters, and to most kitchen appliances the cooking appliance is the most one to be needed by combing IOT, cloud service, EC, and big data analysis for being a smart appliance. Therefore we believe this invention (WDIRC) or product, in the coming it will be a popular cooking appliance in houses or working place to provide the meal service.

After the pandemic of covid-19, the need of people cooking by themselves kitchen that is more and more, based on this situation an automative intelligent cooking appliance is more important for people, so as we estimated the trend of cooking appliance market that will be growing up than before. In fact, the trend of market forecast shows an optimist ascending curve, a smart automative cooking appliance in a smart house of a smart kitchen that is a non reversible way for a modern family, this is a big chance for you to get rich by this timing, join us don't doubt.

2. Selling forecast of WDIRC from global markets

What is the revenue if we sell them in global markets? That’s an interesting question due to this products that never been sold in markets and even them never been used or made before. Generally, the estimation is according to the demand of traditional appliances, the trend of technologies (EC, IOT, smart kitchen appliance, cloud operation, logistics system, wireless environment), the demand of users (Automation, Customization, Facilitation, Value-added), and the prediction of economic growth. However by this prediction, we make an estimation with considered on the factors of user demands if we make WDIRCs sold into markets. As the calculation based on the demand of users, it bases on the equation (1-3), here factors of target population, pricing, buying rate, and sharing ratio etc. will be included in this calculation.

Eq. 1 Revenue = Market size x Sharing ratio

Eq. 2 Market size =Target x YearBuyingRate x Price

Eq. 3 Revenue = Target x YearBuyingRate x Price x Sharing ratio

According to the equations 3, the estimation of WDIRC sales from markets could be calculated as following, here the data of markets is listed in Table 1.

Eq. 4 Revenue = 1,081,647,795 x 0.1% x $250 x 30% = $81,123,585 per year

(Ps. here the Target, YearBuyingRate, Price and Sharing ratio assume to be 1,081,647,795, 0.1%, $250, 30%)

A preliminary estimation to annual revenue from markets that we interested is $81,123,585, the market is huge and continued up, and that would be interested for investors to put money in this investment.

If we estimate the revenues from market A, B and C, the result is showing in Table 2. The company shows the prediction of sales of WDIRC in market A, B and C, and the calculation condition is the same as the above. Totally there are twenty countries in this list, the households are 1,081,647,795, and if the company sells 119,723 sets in the first year, the revenue will arrive to $36,940,850. It’s a huge income by selling this novel product, and the ratio of average gross profit is 35.18%, totally the company will have the profit $12,996,250 from market A, B and C. Due to the data of ownership (Table 2) is lower, this is an under-estimation revenue still, the company to trust that can achieve this goal of revenue with easy.

According to the estimation mentioned above, the profit is very huge. For example to China, the households is 455,940,000, the revenue is estimated about $9,118,750 per year, that is based on the hypothesis of buying rate (0.01%), sharing rate (80%), price ($250/set) and cost ($200/set) to calculate, and the profit per year is $1,823,750. This is a conserved estimation, basically, most people use a smart mobile device for his daily living and working, so we think this appliance will be accepted easily, and the purchasing intention will be high and strong, therefore, the market size will be higher than our initial estimation.