Notable Trends in the Industry
Injected electronics and thin, printed electronic sensors are likely to be the next big things in the healthcare and fitness industry.
Electronic wearables are being developed for remotely or wireless monitoring of patients by healthcare staff.
Electronic textiles are already witnessing significant adoption, and are currently undergoing R&D innovation.
Hybrid, stretchable electronics have recently hit the market and support various applications.
Researchers at the Case Western Reserve University have developed flexible wire-shaped micro-super-capacitors that can be woven into a jacket, shirt or dress, in order to be used as a wearable power source for electronics.
A flexible, wearable electronic in form of a skin patch helps to personally monitor alcohol levels.
Global Wearable Electronics Market: Key Players
Some of the key players in the global Wearable Electronics market are Apple, Inc., Google, Inc., Samsung Group, Sony Corporation, Nike, Inc., Adidas AG, Qualcomm, Inc., Texas Instruments, Optis SAS, Recon Instruments, Inc., Jawbone, Inc., AT&T Inc., and System Technologies Incorporated are some of the key players capturing remarkable market shares globally.
Other players include Oculus VR, Inc., Rockwell Collins, Kopin Corporation, Thales SA, BAE Systems, Glassup SRL, Epson Corporation, Infineon Technologies AG, Emagin Corporation, Shimmer Research Inc., and Weartech S.L.
While Apple has been pioneering in the popularisation of wearables as a lifestyle trend, many other brands are also competing in the market with new products. In 2015, Samsung Electronics Pvt. Ltd. witnessed considerable sales in the autonomous wearable electronics sector. The company sells smart watches with a different brand name – Gear. Sony Corporation also enjoys higher sales compared to most of the other brands. Key players might gain new revenue generation opportunities in the near future, with the saturation of the smartphone business.
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