Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Wearable Sensors Market by Type (Wristwear, Eyewear, Footwear, Neckwear, Bodywear, Others), By Application (Consumer Goods, Healthcare, Industrial, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Wearable Sensors Market by Type (Wristwear, Eyewear, Footwear, Neckwear, Bodywear, Others), By Application (Consumer Goods, Healthcare, Industrial, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 219455 3300 Electronics & Semiconductor 377 241 Pages 5 (47)
                                          

Market Overview:


The global wearable sensors market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for wearable sensors across different applications, such as consumer goods, healthcare, and industrial. Additionally, the growing awareness about fitness and health is also propelling the growth of this market. The wristwear segment is expected to hold the largest share of the global wearable sensors market in 2018. This segment is mainly driven by factors such as increasing demand for smart watches and other wrist-worn devices that are equipped with various types of sensors. The eyewear segment is projected to grow at a high CAGR during the forecast period owing to rising adoption of smart glasses and augmented reality (AR) headsets across different industries.


Global Wearable Sensors Industry Outlook


Product Definition:


Wearable sensors are devices that can be worn on the body to measure various physiological or environmental signals. They are often used to monitor health and fitness, or to collect data about the environment.


Wristwear:


Wristwear is a part of apparel which is designed to be worn on the wrist. The wristwear market includes watches, bracelets, rings, etc. Wrist wearables are devices that are used for measuring and monitoring human activities such as heart rate or steps taken through a fitness band or smartwatch. These products have gained popularity owing to their ability to provide information about the user’s health and lifestyle in real-time without any hassle of connecting them with smartphones.


Eyewear:


Eyewear is an apparel, which protects the eyes from harmful rays of sun and other light sources. It can be used for both vision correction as well as vision enhancement. The modern eyewear consists of multiple components such as lenses, frames, armors or cases along with straps or bridges that hold them all together. Eyeglasses are available in a variety of shapes and sizes to suit different faces.


Application Insights:


The consumer goods segment dominated the global wearable sensors market in 2017. The increasing use of fitness bands and smartwatches to track health indicators, along with the growing demand for products from a variety of industries such as sports, healthcare, and lifestyle is expected to drive growth over the forecast period.


The industrial application segment is anticipated to witness significant growth over the forecast period owing to its wide-spread implementation in manufacturing processes such as inventory management, process control, machine monitoring etc. Furthermore, increasing adoption of IoT technologies across various industries including food & beverage and oil & gas are further expected to drive demand over the coming years.


Other applications include body worn devices that are used for tracking vital signs or environmental data sensing purposes. Increasing technological advancements coupled with rising consumer awareness regarding remote monitoring systems will boost industry growth in future years.


Regional Analysis:


North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing investments by key players in this region and rising adoption of fitness tracking devices, smartwatches, and other wearable electronics products. Moreover, presence of developed healthcare infrastructure and favorable reimbursement policies are anticipated to drive regional growth over the forecast period.


Asia Pacific is expected to witness significant growth over the next eight years owing to increasing product demand from developing countries such as China and India coupled with growing popularity of fitness trackers & smartwatches in these countries.


Growth Factors:


  • Increasing demand for wearable sensors in healthcare sector for disease diagnosis and treatment
  • Rising demand from consumer electronics sector for fitness and activity tracking
  • Growing popularity of Internet of Things (IoT) and connected devices
  • Proliferation of smart wearable devices
  • Advancements in sensor technology

Scope Of The Report

Report Attributes

Report Details

Report Title

Wearable Sensors Market Research Report

By Type

Wristwear, Eyewear, Footwear, Neckwear, Bodywear, Others

By Application

Consumer Goods, Healthcare, Industrial, Others

By Companies

Stmicroelectronics, Infineon Technologies, NXP Semiconductors, Robert Bosch, Invensense, Knowles Electronics, TE Connectivity, Mcube, Sensirion, AMS, Broadcom, Analog Devices, ARM, Panasonic, Asahi Kasei

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

241

Number of Tables & Figures

169

Customization Available

Yes, the report can be customized as per your need.


Global Wearable Sensors Market Report Segments:

The global Wearable Sensors market is segmented on the basis of:

Types

Wristwear, Eyewear, Footwear, Neckwear, Bodywear, Others

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Consumer Goods, Healthcare, Industrial, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Stmicroelectronics
  2. Infineon Technologies
  3. NXP Semiconductors
  4. Robert Bosch
  5. Invensense
  6. Knowles Electronics
  7. TE Connectivity
  8. Mcube
  9. Sensirion
  10. AMS
  11. Broadcom
  12. Analog Devices
  13. ARM
  14. Panasonic
  15. Asahi Kasei

Global Wearable Sensors Market Overview


Highlights of The Wearable Sensors Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Wristwear
    2. Eyewear
    3. Footwear
    4. Neckwear
    5. Bodywear
    6. Others
  1. By Application:

    1. Consumer Goods
    2. Healthcare
    3. Industrial
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Wearable Sensors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Wearable Sensors Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Wearable sensors are devices that can be worn on the body, and they are used to collect data about the environment or user's activity. They can be used for health monitoring, tracking physical activity, detecting environmental hazards, and more.

Some of the key players operating in the wearable sensors market are Stmicroelectronics, Infineon Technologies, NXP Semiconductors, Robert Bosch, Invensense, Knowles Electronics, TE Connectivity, Mcube, Sensirion, AMS, Broadcom, Analog Devices, ARM, Panasonic, Asahi Kasei.

The wearable sensors market is expected to grow at a compound annual growth rate of 16.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Wearable Sensors Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Wearable Sensors Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Wearable Sensors Market - Supply Chain
   4.5. Global Wearable Sensors Market Forecast
      4.5.1. Wearable Sensors Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Wearable Sensors Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Wearable Sensors Market Absolute $ Opportunity

5. Global Wearable Sensors Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Wearable Sensors Market Size and Volume Forecast by Type
      5.3.1. Wristwear
      5.3.2. Eyewear
      5.3.3. Footwear
      5.3.4. Neckwear
      5.3.5. Bodywear
      5.3.6. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Wearable Sensors Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Wearable Sensors Market Size and Volume Forecast by Application
      6.3.1. Consumer Goods
      6.3.2. Healthcare
      6.3.3. Industrial
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Wearable Sensors Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Wearable Sensors Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Wearable Sensors Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Wearable Sensors Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Wearable Sensors Demand Share Forecast, 2019-2026

9. North America Wearable Sensors Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Wearable Sensors Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Wearable Sensors Market Size and Volume Forecast by Application
      9.4.1. Consumer Goods
      9.4.2. Healthcare
      9.4.3. Industrial
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Wearable Sensors Market Size and Volume Forecast by Type
      9.7.1. Wristwear
      9.7.2. Eyewear
      9.7.3. Footwear
      9.7.4. Neckwear
      9.7.5. Bodywear
      9.7.6. Others
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Wearable Sensors Demand Share Forecast, 2019-2026

10. Latin America Wearable Sensors Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Wearable Sensors Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Wearable Sensors Market Size and Volume Forecast by Application
      10.4.1. Consumer Goods
      10.4.2. Healthcare
      10.4.3. Industrial
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Wearable Sensors Market Size and Volume Forecast by Type
      10.7.1. Wristwear
      10.7.2. Eyewear
      10.7.3. Footwear
      10.7.4. Neckwear
      10.7.5. Bodywear
      10.7.6. Others
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Wearable Sensors Demand Share Forecast, 2019-2026

11. Europe Wearable Sensors Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Wearable Sensors Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Wearable Sensors Market Size and Volume Forecast by Application
      11.4.1. Consumer Goods
      11.4.2. Healthcare
      11.4.3. Industrial
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Wearable Sensors Market Size and Volume Forecast by Type
      11.7.1. Wristwear
      11.7.2. Eyewear
      11.7.3. Footwear
      11.7.4. Neckwear
      11.7.5. Bodywear
      11.7.6. Others
   11.8. Basis Point Share (BPS) Analysis byType
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Wearable Sensors Demand Share, 2019-2026

12. Asia Pacific Wearable Sensors Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Wearable Sensors Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Wearable Sensors Market Size and Volume Forecast by Application
      12.4.1. Consumer Goods
      12.4.2. Healthcare
      12.4.3. Industrial
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Wearable Sensors Market Size and Volume Forecast by Type
      12.7.1. Wristwear
      12.7.2. Eyewear
      12.7.3. Footwear
      12.7.4. Neckwear
      12.7.5. Bodywear
      12.7.6. Others
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Wearable Sensors Demand Share, 2019-2026

13. Middle East & Africa Wearable Sensors Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Wearable Sensors Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Wearable Sensors Market Size and Volume Forecast by Application
      13.4.1. Consumer Goods
      13.4.2. Healthcare
      13.4.3. Industrial
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Wearable Sensors Market Size and Volume Forecast by Type
      13.7.1. Wristwear
      13.7.2. Eyewear
      13.7.3. Footwear
      13.7.4. Neckwear
      13.7.5. Bodywear
      13.7.6. Others
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Wearable Sensors Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Wearable Sensors Market: Market Share Analysis
   14.2. Wearable Sensors Distributors and Customers
   14.3. Wearable Sensors Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Stmicroelectronics
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Infineon Technologies
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. NXP Semiconductors
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Robert Bosch
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Invensense
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Knowles Electronics
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. TE Connectivity
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Mcube
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Sensirion
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. AMS
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Broadcom
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Analog Devices
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. ARM
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Panasonic
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Asahi Kasei
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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