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.
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:
- Stmicroelectronics
- Infineon Technologies
- NXP Semiconductors
- Robert Bosch
- Invensense
- Knowles Electronics
- TE Connectivity
- Mcube
- Sensirion
- AMS
- Broadcom
- Analog Devices
- ARM
- Panasonic
- Asahi Kasei
Highlights of The Wearable Sensors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wristwear
- Eyewear
- Footwear
- Neckwear
- Bodywear
- Others
- By Application:
- Consumer Goods
- Healthcare
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- 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.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- 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