Wearable technology refers to accessories and clothing that are
embedded with technologically advanced electronic devices. The commercial
prospects for this industry are rising significantly in the global perspective.
The global wearable technology materials market is expected to witness rising
demand in the coming years due to the rapid technological development of
wearable devices across the globe. In 2015, the value of sensors used in
wearable devices was worth US$700 million and is estimated to touch US$5.8
billion by the end of 2025.
The wearable
technology materials market is an
innovative and emerging market and is anticipated to enjoy great opportunities
for new technology across the globe, owing to the shift of electronics
manufacturers from producing bulky devices to a wide range of fashionable
alternatives. It is estimated that in the coming decade, more than US$100
billion will be spent on R&D in the global wearable technology materials
market.
Consumer Demand to Promote
Development of Power-efficient, Easily Disposable Wearable Tech
The wearable technology materials market has enjoyed stellar
demand for products that are easily implantable and disposable. Another demand
from the consumers is that the material should be transparent or easily hidden
in or under regular clothing, so as to not their personal aesthetic choices.
These factors are expected to dominate R&D efforts in the wearable
technology materials market.
On the other hand, the biggest restraint faced by the consumers
of this market is the low capacity of batteries employed in wearable technology
at present. Wearable technologies are drained of electricity in a couple of
hours and need frequent charging, which is not feasible for the consumers. This
can also turn into a life-threatening issue in the healthcare industry, where
wearable technology comprises smart contact lenses, exoskeletons, and
wristbands that determine various bodily signs such as blood glucose levels.
Prominent Market Players to Expand Range of Products to Enjoy
Competitive Advantage
The innovative wearable technology market offers great potential
for transformative changes in various industries. Some of the other industries
to adopt this technology are healthcare, clothing, and sports and fitness. Most
of the industries are embracing wearable technology as wireless communications
and computing are blending wearable tech into virtually all aspect of products
and services.
Companies operating in the global wearable technology materials
market are in a nascent stage and are projected to grow enormously in the
coming years. Some of the prominent players in this market are GSI, T-Ink,
Samsung, Paper Battery, Sekisui Chemical Co. Ltd., Soligie, Grafen Chemical
Industries, Adidas/Textronics, Bando Chemical Industries, Fujikura Kasei Co.
Ltd., and Sumitomo Chemical and CDT.
Most of these market players are taking great efforts to develop
primary and intermediate wearable materials, which will help in acquiring a
large share of the market. The global wearable technology materials market is
offering several opportunities for new entrants, which will help them establish
and expand their business niche in the near future.
The global wearable technology materials market has already
showcased its initial development in the consumer electronics industry after
the launch of the Apple Watch and the Moto 360 smartwatch. This market has also
established a strong presence in the healthcare industry, introducing apparel
that can track heart rate as well as monitoring and tracking devices for pets.
Table of Content
1. EXECUTIVE SUMMARY
AND CONCLUSIONS
1.1.
Premium-priced new materials
1.2.
Organic, inorganic and composite in new forms
1.3.
Assembly technologies
1.4.
Survey results of interest to materials suppliers
1.4.1.
Analysis
1.4.2.
Highest volume formulations: commoditisation risk
1.4.3.
Broadest use: de-risking investment
1.5.
The global device market value by applicational sector 2015-2025
1.5.1.
Global device market value 2015-2025
2. CHEMICALS AND
INTERMEDIATES FOR FUTURE WEARABLE ELECTRONICS
2.1.
Introduction
2.1.1.
The electronics value chain favors materials suppliers
2.1.2.
Electronic capabilities required
2.2.
Materials needed for the new electronics
2.2.1.
Introduction
2.2.2.
Elements and compounds
2.2.3.
Metals most widely needed - survey result
2.2.4.
Inorganic compounds most widely needed - survey result
2.2.5.
Importance of III-IV compounds
2.2.6.
Allotropes of carbon most widely needed - survey result
2.2.7.
Organic compounds most widely needed - survey results
2.3.
Survey results for lithium salts
2.4.
Less prevalent or less established formulations
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3. STRUCTURAL
ELECTRONICS FOR WEARABLES
3.1.
Introduction
3.2.
Megatrend
3.3.
Benefits and challenges
3.4.
Smart skin
3.5.
Rollout
3.6.
Some key enabling technologies
3.6.1.
Smart materials
3.7.
Printed and flexible electronics
3.7.1.
Introduction and examples
3.7.2.
Basic printed modules
3.7.3.
Printed electronics in structural electronics
3.7.4.
2D titanium carbide
3.8.
3D printing
3.8.1.
Description and benefits
3.8.2.
3D printing materials
3.8.3.
New 3DP materials
3.8.4.
Adding electronic and electrical functions
3.8.5.
The future
3.8.6.
Printed graphene batteries
3.9.
Detailed analysis
3.10.
NASA leading the way
4. E-TEXTILES
4.1.
Why? What?
4.2.
Ultimate dream
4.3.
Harsh reality
4.4.
Road map
4.5.
What it is not: a materials appraisal
4.5.1.
General
4.6.
Woven not for apparel
4.6.1.
Example: Lumitex woven fiber optic panels
4.7.
Challenges and opportunities
4.7.1.
Overview
4.7.2.
Main materials used for textile electronics of all types
4.8.
Results of survey of e-fiber projects for e-textiles
4.9.
Nothing inevitable about e-fibers
4.10.
Potential benefits of e-fibers
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