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Multi function Drawing Apparatus "ORPAS"

[Category : - DESIGN PATENTS]
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An invention that can quickly gain meaningful market share in Technical Drawing Instruments, Geometric drawing tools in particular.
Patent Title: Multifunction Drawing Apparatus “ORPAS”
Patent Application No.: 201721025630, IP, INDIA, [PCT/IN2018/050465]
• Invented device (Improved Ruler and Improved Sets square) performs multiple technical and geometric drawing operations like offsets, regular polygons, line slopes and hatching with great accuracy.
• Invented device incorporates patented features that will give a long-term competitive advantage
• Improved ruler can perform operations to draw offsets, regular polygons (3,4,5,6,8,12 sided of any chosen size), star polygons, making sectors in circle (3,4,5,6,8,12 even area sectors), hatching in area at 30,45,60 degree, sloping lines at conventional angle and so on. Thus use of various geoshape templets are eliminated. Even use of protractor is limited.
• Use of improved sets square eliminated slip errors and its embodiment allows line extensions in one go.
The product will have strong market value due to its multi functionality, accuracy and quickness in performance for the technical students, engineers, architects and drafting professionals.

Financial information

A single tool of Improved Ruler performs multiple geometric application seamlessly. Hence it will definitely hold good market value among students and professionals at global level for its entire patent life.
Surprisingly, the manufacturing cost will remain same for Improved Ruler while there is slight increase for Geometric sets square due to embodiments.
The global market of drafting tool is US$2.6 billion in 2016.
The global market for Writing and Marking Instruments is projected to reach US$21.6 billion by 2024.
The analysis forecast the growth at a CAGR of 4.95% during period of 2018 to 2022
It’s clear that buying/licensing this patent or its features would benefit everyone involved

Patent publications:

IN 201721025630

Asking price:

1,000,000 USD

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Seller:

hemsony (India)

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