Wearable Camera Manufacturers to Experiment with Design and Aesthetics to Boost Sales

Growing inclination toward sharing photos and videos through social media sites is creating a conducive environment for wearable camera technology to thrive. Wearable cameras are specially designed cameras for shooting videos with hands-free functionality. They are usually attached to an article of clothing such as a belt, harness, shirt, and helmet to create videos while the user is in motion.

Demand for Head-mount Cameras to Stay High through 2025

Wearable cameras can be of various types: body mount, head mount, smart glass, and ear mount. Head-mount cameras will be the most prominent segment throughout the forecast period (2014–2025). Their demand will be high for sports and adventure activities. Demand for body-mount cameras is gaining traction with manufacturers investing hefty funds into research and development. Several players are experimenting with the aesthetics of their products to boost sales. For instance, recently, Ubiquiti Labs released a new wearable camera, FrontRow, which is in the form of a necklace. The camera boasts a seamless touchscreen and user interface. It is developed on an Android-based operating system, which means continual developments and upgrades are possible to augment FrontRow’s functionalities.

Wearable cameras can be used in applications such as security, sports and adventure, industrial, and healthcare. The sports and adventure segment will be the leading segment throughout the same period.

Market Insights

According to a report by Grand View Research Inc., the global wearable camera market is projected to rise at a tremendous CAGR of 18.19% between 2017 and 2025. Rising penetration of the Internet and proliferation of smart devices are likely to provide a fillip to the market. The growth of the market can also be attributed to increasing adoption of wearable cameras in applications such as healthcare, security, and sports and adventure. North America will be a key revenue contributor to the global market, thanks to the presence of a large number of manufacturers.

Some of the prominent players in the market are Xiaomi; Sony Corporation; GoPro Inc.; Vievu LLC; and Axon Enterprise, Inc.

In-Depth Research Report On Wearable Camera Market:

https://www.grandviewresearch.com/industry-analysis/wearable-camera-market

Accurate Reading Becomes Easy with Smart Electricity Meters

A smart electricity meter is a device that enables consumers to monitor consumption of electricity in real-time. It can digitally send meter readings to energy supplier for generating accurate electricity bills. These meters can also encourage the consumers to turn off electric appliances when not in use to control their usage of energy. Thus, they can receive the lower electricity bills.

Moreover, smart meters require real-time two-way communications between meter and supplier. This can be done with the help of wireless communication or connection over fixed line. Smart meters are extensively used in residential, commercial, and industrial applications.

Integrated Smart Grid Operation System

In order to maximize customer satisfaction and minimize power outages, Trakya Elektrik Dagıtım A.S. (TREDAS) recently teamed up with General Electric (GE) to develop an integrated automation system. This system includes Distribution Management Systems (DMS) Remote Control, Outage Management Systems (OMS), and Supervisory Control and Data Acquisition (SCADA).

Remote control and remote powering can be accomplished for more than 730 centers using integration of systems in one operation. For instance, they have use a GE-commissioned TREDAS SCADA system, also called as remote control and monitoring system along with a Call Center, on-site mobile applications, and Geographical Information System (GIS).

Distribution transformers are observed remotely therefore an outage can be noticed immediately. If any power outage is observed, the monitoring system can generate instant alerts for consumers.

Market Overview

According to Grand View Research, Inc.; the global smart electricity meters market may surpass around USD 49.9 billion by 2025. Rising efforts from energy suppliers to reduce reaction time required to resolve power outage can drive the global market. Attractive schemes and favorable policies by different governments can further boost growth over the forecast period (2014 to 2025). Preference and endorsement of green energy and availability of able transmission facilities are also some of the vital market drivers.

Some of the leading companies in the market are Iskraemeco; Itron Inc; Holley Metering Ltd; General Electric Company; ABB Ltd, and Holley Metering Ltd.

In-Depth Research Report On Smart Electricity Meter Market:

https://www.grandviewresearch.com/industry-analysis/smart-meters-market