Global Wearable Sensors Market (2017-2024)- Research Nester

1. Global Wearable Sensors Market Outlook: Industry Insights & Opportunity Evaluation, 2017-2024 Copyright © Research Nester www.researchnester.com

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6. Global Wearable Sensors MarketOverview Wearable sensors are devices that collect input information about the physical and biological properties of the body and environment. Further this information is utilized to do calculations which yields output information. Wearable sensors are implanted in wearable devices to track fitness, environmental and health activities such as heart rate, blood pressure, body temperature, stress level, movements, speed, local temperature etc. Wearable sensors are used in many devices such as fitness watch, smart shoes, glasses, VR headsets, jewelry (rings), hearable, sleep mask, body wear and others. The key factors driving the global wearable sensors market are compact size, low cost and miniaturization of sensors. Further, technological integration of wearable sensors with textiles is emerging trend in the market. Compact and advanced product development and merger and acquisition are the major strategies which the companies have adopted from the past 4-5 years. Innovation of specific sensors such as PIQ Multi –Sport wearable sensor is expected to boost the wearable sensor market in the upcoming years. Market Size and forecast The market of wearable sensors is anticipated to grow at CAGR of 44.3% during the forecast period 2017-2024. The global wearable sensors market is valued at USD 297.6 million and expected to garner USD 1,943.68 million by 2024. Further, the market is Copyright © Research Nester www.researchnester.com

7. expecting gigantic rise in the demand due to the miniaturization of sensors and advancement in healthcare industries. Further, the bolstering market of smartphones is going to augment the integrated wearable devices. Currently, North-America and Europe region are the largest market occupying more than 60% market share in the global market. North- America is the leader in the global wearable sensor market and it is anticipated to maintain the dominance during the forecast period. Being a developed region, they encourage and adopt the new innovations and technologies. Moreover, rising concern towards health and fitness is another factor which is driving the market in North-America. European market captures the second place in the global wearable sensor market. With ongoing technological advancements and rise in demand of body wearable devices, Europe is Copyright © Research Nester www.researchnester.com

8. expected to witness a robust growth in the global sensors market over the next five to six years. On the other hand, Asia-Pacific is the swiftest emerging market of wearable sensors. The market of Asia-Pacific is driven by the increasing consumer awareness about the benefit and usage of wearable devices and low cost of sensors. In forecast period, Latin America is expected to showcase a remarkable rise in terms of demand for wearable sensors. Further, the Middle East and Africa is anticipated to witness a positive growth over the forecast period. Low cost of wearable sensors is the major factor which is driving the wearable sensors market in Latin America and The Middle East and Africa. Market Segmentation By Type Accelerometers Magnetometers Gyroscopes Chemical Sensors Image sensors Inertial Sensors Copyright © Research Nester www.researchnester.com

9. Temperature and Humidity sensor Pressure and force sensor Touch sensor Motion sensor eCompass Others (UV index sensors, proximity sensors etc.) By Application Wrist wear Eyewear Body wear Footwear Neckwear Others (finger wear, head wear etc.) By End user Enterprise & Industrial Healthcare Copyright © Research Nester www.researchnester.com

10. Consumer Others (clinical, non-clinical, transportation, aerospace, defense etc.) By Region Based on region, global wearable sensors market id further classified as follows: North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y- O-Y growth & Opportunity Analysis Western and Eastern Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth & Opportunity Analysis Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, South Korea & Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis Middle East and North Africa (MENA) Market Size and Y-O-Y Growth Analysis Growth Drivers and Challenges Copyright © Research Nester www.researchnester.com

11. Low cost of sensors, evolving advancement of technologies and rising consumer awareness towards health are few factors which are driving the growth of global wearable sensors market. In addition to that, growing smart clothes technology is anticipated to boost the demand for wearable sensors. Moreover, rising healthcare sector and integration of new technologies like emergency cardiac arrest alarm and pre detection of diseases is expected to propagate the growth of wearable sensor market. However, high cost of advanced technological sensors is likely to hamper the growth of wearable sensors market globally. Likewise, less awareness among the population towards smart wearable and low availability of wearable products in the market are also some of the major factors which re restraining the growth of global wearable sensor market. Key Players Robert Bosch GmbH Company Overview Key Product Offerings Business Strategy SWOT Analysis Copyright © Research Nester www.researchnester.com

12. Financials NXP semiconductors (Freescale Semiconductor, Inc.) Broadcom Limited ST Microelectronics Shimmer technologies Infineon Technologies AG Analog devices Inc. Texas Instruments (Measurement Specialties, Inc.) mCube, Inc. Knowles Electronics Scope and Context Overview of the Parent Market Analyst View Segmentation The Global Sensors Market is segmented as follows: By Type Market Size & Y-O-Y Growth Analysis Copyright © Research Nester www.researchnester.com

13. By Application Market Size & Y-O-Y Growth Analysis By End User & Y-O-Y Growth Analysis By Region Market Size & Y-O-Y Growth Analysis Market Dynamics Supply & Demand Risk Competitive Landscape Porter’s Five Force Model Geographical Economic Activity Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio Recent Trends and Developments Industry Growth Drivers and Challenges Key Information for Players to establish themselves in current dynamic environment Copyright © Research Nester www.researchnester.com

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