As we continuously live in an electronic world, it is no doubt that the electronic engineering business grows even more significant as time passes.
Come think of it. If you look around you, electronics are everywhere. It regulates your heat and light, plays your favorite music, monitors your health, keeps transportation moving, and even links everyone in the world through an extensive Internet connection.
Believe it or not, you are using electronics as you are reading this. And you are going to use electronics for probably the rest of your life.
It’s safe to say that without electronic engineering, our world will be placed at a halt. That is how essential it is. Also, everyone gets excited about the new and upcoming electronic designs that are continuously undergoing major changes.
Just thinking about what more can electronic engineering offer us in the future gets everyone thrilled.
The fascinating future of electronic design
Since the electronic uprising struck our world, the competition in the area has exponentially grown which is leading to furious inventions and innovations. It is providing our digital economy with an upgrade.
And of course, the digital economy backed the development of a lot of electronic machines we use nowadays such as smartphones, security systems, electric vehicles, and more. These innovations led the electronic engineering industry to reach its 4 trillion-dollar market size.
So, what can we expect in the next coming years on electronic design?
A LOT!
And here are some front liners to watch out for.
#1 Smart Grid Systems
Smart Grids allow real-time management of electricity and consumption. It is an electronic design of high-voltage transmission lines that transport energy from plants to businesses and homes.
With this, people don’t need to rely anymore on electrical power providers. This smart grid system collects important information to provide consumers with a way they could leverage energy over a variety of power sources. As a result, more and more companies and households are utilizing this.
Also, the market for smart grid systems is expected to grow to $55.9 billion by 2026.
#2 Innovation of Smart Television
Everyone wants to have at least a smart TV in their home.
It’s very easy to use as it contains both the functions of televisions and computers. When you have a smart TV, you would also have immediate access to the best streaming platforms like Netflix, Amazon Prime, and Instant Video.
The growing demand for smart TVs is driven by the people who prefer built-in features in their television. In fact, the international smart TV demand is predicted to reach 1.18 billion units by 2028.
#3 Huge Demand for EVs
If there is another thing that absolutely captures the interest of many consumers, that’s certainly electric vehicles ( EV).
This is a clear innovation in vehicles, but it also carries the risk of having the usual fuel-supplied cars become outdated in the future.
The market for EVs is expected to increase from 8.1 million units to 39.21 million units by 2030. The rising concerns about pollution are one of the main factors for this.
#4 Wearable Electronic Design
Wearable technology such as smart watches, smart bracelets, and Bluetooth key trackers has been a trend in the electronic engineering industry for the last twenty years. And yes, it is absolutely here to stay.
With these devices being now connected to the Internet, the demand is surely getting higher. The fact that it could also be used for health purposes and safety is one of the reasons people would love to get it.
It is estimated to grow by 1.1 billion users in 2022 alone. And many of these wearable devices will be using 5G.
#5 The IoT Technology for Households
Innovation in household devices is also making waves in electronic engineering.
For the best and more convenient experience for consumers, most household appliance companies are integrating their products with IoT technology. Basically, IoT is the connection between physical machines that are being integrated into the software to gather data.
Household items such as smart refrigerators, smart fire alarms, and smart security systems are some of them. This technology is envisioned to achieve USD 555.8 billion by 2028.
Final Thoughts
Electronics are just about 115 years old. But we can’t deny how much of an improvement it has already given in our day-to-day operations. It’s very essential not just for you, but for everyone living on this planet.
The industry of electronic engineering is certainly not dying, instead, it is rapidly changing. And as consumers, we should always be ready to adjust to it.
As the future of electronic design is vast, there are indeed a lot of things to be excited about. There are so many questions like, “What more can we expect?” or “How will they make life easier?”
Well, it is bound to happen anyway. All we have to do is wait for it to unleash its infinite potential.
