Consumer willingness to invest more energy into alternative forms of power
Implications - In their quest for more eco-friendly lifestyles, consumers are expressing a willingness to invest more money as well as physical energy in powering their electronics. The rise in kinetic energy products, such as hand-crank innovations, is on a steady increase, partially fueled by their novelty.
Trend Themes
1. Kinetic Energy Generation - The rise in kinetic energy products driven by consumer desire for eco-friendly products creates opportunities for products and design of all kinds that can generate power from movement.
2. Self-sufficient Gadgets - A growing consumer trend toward self-sufficient gadgets that have a low impact on the environment creates opportunities for companies to integrate environmentally conscious design and financially responsible enhancements to reach a large market of buyers for whom both issues are a concern.
3. Thermoelectric Generation - The development of circuits and semiconductors capable of harnessing electricity from body heat or temperature gradients create opportunities for consumer wearable devices and smart clothing.
Industry Implications
1. Sustainable Energy Industry - The rise in kinetic energy and thermoelectric products offer new opportunities for the sustainable energy industry to integrate these technologies into existing product offerings.
2. Consumer Electronics Industry - The trend toward self-sufficient gadgets creates opportunities for companies within the consumer electronics industry to develop new products that are aligned with the growing consumer trend.
3. Smart Clothing Industry - The development of circuits and semiconductors capable of harnessing electricity from body heat or temperature gradients creates opportunities for the smart clothing industry to integrate these technologies into existing product offerings.
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Date Range:
Apr 07 — Oct 08
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