Smart Ring
In the realm of smart wearable devices, one item stands out- Smart Ring. It not only meets the public’s fashion demands but also boasts diverse functionalities tailored to different scenarios. With a staggering 24% CAGR, the smart ring market is attracting the interest of tech giants like Samsung and Apple. However, due to varying demands, the market has become highly segmented, fostering intense competition among numerous creative startups. Trillion Product is dedicated to bringing the innovative ideas of these promising startups to life, promising to change the world.
Component Category | Description | Example Components |
|---|---|---|
Input | Used to collect data about the wearer and convert it into digital information. | 3-axis accelerometer, humidity sensor,, etc. |
Output | Used to notify the wearer of information or vents. | VBR (4mm vibration), LED (RGB LED), etc. |
Processor | Used to process data collected by the sensors and perform signal processing | MCU (microcontroller), Bluetooth chip, NFC chip, etc. |
Power | Provides power to the ring and enables charging. | BAT (battery), RFC (wireless charging chip), solar cell, fuel cell, etc. |
- Space Constraints: The internal space within smart rings is extremely limited and curved, requiring the accommodation of various precision components such as batteries, processors, sensors, and antennas. This poses significant challenges for both design and manufacturing.
- Signal Transmission: Smart rings typically utilize a variety of sensors for data collection, which requires signal transmission. To ensure signal accuracy, the materials used for sensor cases are often challenging precious metals, demanding high levels of technical expertise.
- Supply Chain: Manufacturing smart rings involves multiple technologies and processes, necessitating collaboration with various suppliers. However, the supply chain for smart rings is currently underdeveloped, making it difficult to find a single manufacturer capable of handling all manufacturing stages.
Currently, the manufacturing of smart rings relies mainly on traditional solutions, where various suppliers procure key components, which are then assembled by contract manufacturers. However, this approach presents three drawbacks for startups:
- Lack of flexibility: Customized designs are difficult to implement, making it challenging to meet specific requirements.
- High costs: Cost reduction typically requires large-scale production, posing a high initial threshold for startups.
- Complex supply chain:Managing multiple suppliers increases management complexity and risk.
- Reduced Complexity, Streamlined Processes:
- Integrated Solution: TR provides a one-stop service for the entire anufacturing process, eliminating the need for startups to manage multiple suppliers and coordinate different production stages. This simplifies the process and reduces the risk of delays or errors.
- Full Lifecycle Professional Support: TR’s services cover every aspect from Design for Manufacturability (DFM) analysis to final assembly. This ensures production optimization from the outset, avoiding costly mistakes later on.
- Cost Reduction, Risk Mitigation:
- DFM and Mold Flow Analysis:By identifying potential manufacturing challenges early, TR helps startups avoid costly design changes and production delays.
- Expertise in Prototyping, Tooling, and High-Tech Materials: TR’s experience in prototyping and tooling helps startups validate their designs, optimize production processes, and potentially reduce overall manufacturing costs. Moreover, TR can handle extremely challenging materials.
- Accelerated Time to Market:
- End-to-End Support:With a single partner responsible for the entire manufacturing process, communication is streamlined, and handoffs between different suppliers are eliminated. This significantly shortens the time required to bring products to market.
- Highly Customized Services:
Understanding the challenges faced by startups allows TR to tailor its services to meet specific needs, accelerating the development process.
Step | Part | Description | Process |
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1 | Integration / Design |
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2 | Smart Ring housing |
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3.1 | Internal mechanism parts |
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3.2 | Internal mechanism parts |
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4 | Done |
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