Wearable Sensors Market by Type (Accelerometers, Pressure & force sensors, Gyroscopes, Medical based sensors), Application (Wristwear, Eye-wear, Footwear, Neckwear, Bodywear), Vertical and Region - Global Forecast to 2028
The wearable sensors market is valued at USD 1.6 billion in 2023 and is projected to reach USD 4.2 billion by 2028, growing at a CAGR of 21.1% from 2023 to 2028. Increasing demand for smart devices, the growing importance of fitness and health monitoring devices, and the rising focus on innovation and development across industries such as consumer electronics and healthcare are among the key factors driving the growth of the wearable sensors market. Technical difficulties related to hardware and software may hamper the adoption of wearable sensors and are also one of the major challenges in the market.
“Market for pressure & force sensors to significant share during the forecast period.”
The pressure & force sensors held the largest share of the wearable sensors market in 2022 and are also expected to hold a significant share during the forecast period. Pressure sensors are used to measure force and determine the nature of an applied force, and force sensors are used to measure forces and torques. Smartwatches and fitness bands are the key application areas of pressure & force sensors.
“Market for the wristwear segment is expected to hold the largest share during the forecast period.”
The market for wristwear is expected to hold the largest share during the forecast period. The wristwear function is to monitor a customer’s health. The wristwear segment includes various factors for it being the dominant segment, such as health and fitness tracking, convenience and comfort, fashion and style, among others. The Wrist-worn devices are generally comfortable to wear and are less intrusive than some other types of wearable sensors. Smartwatches and fitness trackers can track various metrics such as heart rate, steps taken, and sleep patterns making them highly user-friendly for health-conscious consumers.
“US is expected to have the largest market size in North America during the forecast period.”
The presence of some of the leading sensor manufacturers in North America (US) and the growing demand for consumer electronics such as wearable devices and gaming consoles also boost the use of sensors in different end-user industries such as entertainment and healthcare. The US offers an ideal environment for innovation, which has facilitated massive strides in wearable sensor technology. Moreover, the factors such as health and fitness monitoring, chronic disease management, sports and performance optimization, consumer electronics, and lifestyle are some of the major driving factors for demand in this region.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry experts in the wearable sensors space. The break-up of primary participants for the report has been shown below:
Report Coverage
The report defines, describes, and forecasts the wearable sensors market based on type, application, vertical, and region. It provides detailed information regarding drivers, restraints, opportunities, and challenges influencing the growth of the wearable sensors market. It also analyzes competitive developments such as product launches, acquisitions, expansions, contracts, partnerships, and actions carried out by the key players to grow the market.
Reasons to Buy This Report
The report will help the market leaders/new entrants in the market with information on the closest approximations of the revenue for the overall wearable sensors market and the subsegments. The report will help stakeholders understand the competitive landscape and gain more insight to position their business better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market's pulse and provides information on key drivers, restraints, opportunities, and challenges.
The report will provide insights into the following pointers:
“Market for pressure & force sensors to significant share during the forecast period.”
The pressure & force sensors held the largest share of the wearable sensors market in 2022 and are also expected to hold a significant share during the forecast period. Pressure sensors are used to measure force and determine the nature of an applied force, and force sensors are used to measure forces and torques. Smartwatches and fitness bands are the key application areas of pressure & force sensors.
“Market for the wristwear segment is expected to hold the largest share during the forecast period.”
The market for wristwear is expected to hold the largest share during the forecast period. The wristwear function is to monitor a customer’s health. The wristwear segment includes various factors for it being the dominant segment, such as health and fitness tracking, convenience and comfort, fashion and style, among others. The Wrist-worn devices are generally comfortable to wear and are less intrusive than some other types of wearable sensors. Smartwatches and fitness trackers can track various metrics such as heart rate, steps taken, and sleep patterns making them highly user-friendly for health-conscious consumers.
“US is expected to have the largest market size in North America during the forecast period.”
The presence of some of the leading sensor manufacturers in North America (US) and the growing demand for consumer electronics such as wearable devices and gaming consoles also boost the use of sensors in different end-user industries such as entertainment and healthcare. The US offers an ideal environment for innovation, which has facilitated massive strides in wearable sensor technology. Moreover, the factors such as health and fitness monitoring, chronic disease management, sports and performance optimization, consumer electronics, and lifestyle are some of the major driving factors for demand in this region.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry experts in the wearable sensors space. The break-up of primary participants for the report has been shown below:
- By Company Type: Tier 1 – 52%, Tier 2 – 31%, and Tier 3 – 17%
- By Designation: C-level Executives – 47%, Directors –31%, and Others – 22%
- By Region: North America –36%, Europe – 29%, Asia Pacific– 30%, and RoW – 5%
Report Coverage
The report defines, describes, and forecasts the wearable sensors market based on type, application, vertical, and region. It provides detailed information regarding drivers, restraints, opportunities, and challenges influencing the growth of the wearable sensors market. It also analyzes competitive developments such as product launches, acquisitions, expansions, contracts, partnerships, and actions carried out by the key players to grow the market.
Reasons to Buy This Report
The report will help the market leaders/new entrants in the market with information on the closest approximations of the revenue for the overall wearable sensors market and the subsegments. The report will help stakeholders understand the competitive landscape and gain more insight to position their business better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market's pulse and provides information on key drivers, restraints, opportunities, and challenges.
The report will provide insights into the following pointers:
- Analysis of key drivers (Increasing trend towards smaller, smarter, and cheaper sensors), restraints (High cost of wearable sensors), opportunities (Increasing number of connected devices), and challenges (Technical difficulties related to hardware and software) of the wearable sensors market.
- Product development /Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the wearable sensors market.
- Market Development: With comprehensive information about lucrative markets, the report analyses the wearable sensors market across various regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the wearable sensors market.
- Competitive Assessment: In-depth assessment of market share, growth strategies, and services, offering of leading players like STMicroelectronics (Switzerland); Infineon Technologies (Germany); Knowles Electronics (US); NXP Semiconductors (Netherlands); Texas Instruments (US) among others in wearable sensors market.
1 INTRODUCTION
1.1 study Objectives
1.2 market definition
1.2.1 Inclusions and Exclusions
1.3 market Scope
1.3.1 markets covered
1.3.2 regions covered
1.3.3 Years considered
1.4 currency CONSIDERED
1.4.1 USD Exchange rates
1.5 UnitS considered
1.6 limitations
1.7 stakeholders
1.8 recession impact analysis
1.9 sUmmary of Changes
2 RESEARCH METHODOLOGY
2.1 Research data
FIGURE 1 wearable sensors market: Research design
2.1.1 Secondary and primary Research
2.1.2 secondary data
TABLE 1 List of key secondary sources
2.1.2.1 Key data from secondary sources
2.1.3 Primary Data
2.1.3.1 Key data from primary interviews
2.1.3.2 Breakdown of primary interviews
2.1.3.3 Insights from industry experts
2.2 research approach and methodology
FIGURE 2 market size estimation methodology: supply-side analysis: revenue of products/solutions/services in wearable sensors market
2.2.1 bottom-up approach
2.2.1.1 Market size estimation by bottom-up analysis (demand side)
FIGURE 3 wearable sensors market size estimation methodology: Bottom-up approach
2.2.2 top-down approach
2.2.2.1 Market size estimation by top-down analysis (supply side)
FIGURE 4 wearable sensors market size estimation methodology: top-down approach
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 5 data triangulation
2.4 research assumptions
2.5 PARAMETERS for recession impact analysis
2.6 rISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 6 Magnetometer segment to grow at highest CAGR during forecast period
FIGURE 7 Bodywear segment to grow at highest cagr during forecast period
FIGURE 8 Consumer goods Vertical to hold largest market share during forecast period
FIGURE 9 Wearable sensors Market, by Region, 2023–2028
4 PREMIUM INSIGHTS
4.1 attractive opportunities for market players
FIGURE 10 demand for fitness and health tracking devices to drive market during forecast period
4.2 wearable sensors MARKET, BY type
FIGURE 11 Gyroscope segment TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
4.3 wearable sensors market in Asia pacific, by vertical and COUNTRY
FIGURE 12 Consumer goods and china to hold largest market shares in asia pacific in 2023, by vertical and by country
4.4 Wearable sensors market, by country
FIGURE 13 India to dominate Wearable sensors market during forecast period
5 MARKET OVERVIEW
5.1 Introduction
5.2 Market dynamics
FIGURE 14 Wearable sensors market: drivers, restraints, opportunities, and challenges
5.2.1 Drivers
5.2.1.1 Increasing trend toward smaller, smarter, and cheaper sensors
5.2.1.2 Miniaturization trend in sensors
5.2.1.3 Rising share of aging population
5.2.1.4 Benefits of wearable devices in healthcare sector
5.2.1.5 Rise of IoT, AR, and M2M
5.2.1.6 Growing interest of Tier I players
5.2.1.7 Growing trend toward smart living among end users
FIGURE 15 WEARABLE SENSORS MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.2 Restraints
5.2.2.1 Lack of common standards and interoperability issues
5.2.2.2 High cost of wearable products
5.2.2.3 Regulatory issues
5.2.2.4 Security and privacy concerns
FIGURE 16 WEARABLE SENSORS MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.3 opportunities
5.2.3.1 Increasing number of connected devices
5.2.3.2 Potential applications of wearable technology
FIGURE 17 WEARABLE SENSORS MARKET: IMPACT ANALYSIS OF OPPORTUNITies
5.2.4 Challenges
5.2.4.1 Technical difficulties related to hardware and software
5.2.4.2 Device protection and thermal consideration
5.2.4.3 Growing miniaturization in sensors and wearable devices
FIGURE 18 WEARABLE SENSORS MARKET: IMPACT ANALYSIS OF CHALLENGES
5.3 VAlue Chain Analysis
FIGURE 19 Wearable sensors market: value chain analysis
5.3.1 Raw material and equipment suppliers
5.3.2 Chip designers
5.3.3 Technology providers
5.3.4 Integrators
5.3.5 Applications
5.4 EcoSystem Analysis
FIGURE 20 Wearable sensors market: ecosystem analysis
TABLE 2 wearable sensors market EcoSysteM
5.5 pricing analysis
TABLE 3 average selling Prices of Wearable sensors
5.5.1 AVERAGE SELLING PRICE Of wearable SENsORs offered by KEY PLAYERs
FIGURE 21 average selling price of Wearable SENSORs offered by key players
5.5.2 Average selling price trend
FIGURE 22 average selling price of Accelerometers
5.6 TRENDS/DISRUPTIONS IMPACTING customer BUSINESS
5.6.1 revenue shift and new revenue pockets for market players
FIGURE 23 revenue shift in wearable sensors market
5.7 technology analysis
5.7.1 fully printed and multifunctional graphene-based wearable e-textiles for personalized healthcare applications
5.7.2 Design of wearable sensors in clinical diagnostics
5.8 key stakeholders and buying criteria
5.8.1 key stakeholders in buying process
FIGURE 24 wearable sensors MARKET: influence of STAKEHOLDERS on BUYING PROCESS FOR TOP three applications
TABLE 4 wearable sensors MARKET: influence of STAKEHOLDERS on BUYING PROCESS FOR TOP three applications
5.8.2 buying criteria
FIGURE 25 Wearable SENSORS MARKET: KEY buying criteria for top three applications
TABLE 5 KEY buying criteria for top three applications
5.9 porter’s five forces analysis
TABLE 6 Wearable sensors market: porter’s five forces analysis
5.9.1 Bargaining Power of Suppliers
5.9.2 Bargaining Power of Buyers
5.9.3 Threat of New Entrants
5.9.4 Threat of Substitutes
5.9.5 Intensity of Competitive Rivalry
5.10 use cases
5.10.1 use case 1: WATERPROOF MEMS pressure sensors by STmicroelectronics
5.10.2 use case 2: use of Human Condition Safety sensors to minimize job site risks
5.10.3 use case 3: fitbit’s new Sense smartwatch tAKES skin temperature for managing stress
5.11 TRADE ANALYSIs
FIGURE 26 IMPORT data, BY COUNTRY, 2018–2022 (USD million)
FIGURE 27 EXPORT DATa, by country, 2018–2022 (USD million)
5.11.1 Tariff analysis
TABLE 7 tariff for Wristwatches, whether or not incorporating stopwatch Facility, elEctrically operated, Exported by China, 2021
TABLE 8 tariff for Wristwatches, whether or not incorporating stopwatch Facility, ELECTRICALLY operated, EXPORTED BY Germany, 2021
TABLE 9 tariff for Wristwatches, whether or not incorporating stopwatch Facility, ELECTRICALLY operated EXPORTED BY US, 2021
TABLE 10 tariff for Wristwatches, whether or not incorporating stopwatch Facility, ELECTRICALLY operated, Exported by France 2021
5.12 PATENT ANALYSIS
FIGURE 28 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 11 Top 20 Patent Owners in Last 10 Years (US)
FIGURE 29 Number of patents granted per year from 2012 to 2022
TABLE 12 Wearable sensors MARKET: key patents, 2020–2022
5.13 key conferences and events, 2023–2024
TABLE 13 Wearable sensors MARKET: KEY Conferences and Events
5.14 Regulatory standards
5.14.1 Regulatory compliance
5.14.1.1 Regulations
6 WEARABLE SENSORS MARKET, BY TYPE
6.1 Introduction
FIGURE 30 Gyroscope segment to grow at highest rate during forecast period
TABLE 14 Wearable Sensors Market, by Type, 2019–2022 (USD Million)
TABLE 15 Wearable Sensors Market, by Type, 2023–2028 (USD Million)
TABLE 16 Wearable sensors market, by type, 2019–2022 (MILLION UNITS)
TABLE 17 Wearable sensors market, by type, 2023–2028 (MILLION UNITS)
6.2 accelerometers
6.2.1 Use of Accelerometers in smart textiles and smart watches to drive market
TABLE 18 Wearable Sensors Market for Accelerometers, by Application, 2019–2022 (USD Million)
TABLE 19 Wearable Sensors Market for Accelerometers, by Application, 2023–2028 (USD Million)
TABLE 20 Wearable Sensors Market for Accelerometers, by Vertical, 2019–2022 (USD Million)
TABLE 21 Wearable Sensors Market for Accelerometers, by Vertical, 2023–2028 (USD Million)
6.3 magnetometers
6.3.1 use of Magnetometers in wristwear and bodywear devices to drive market
TABLE 22 Wearable Sensors Market for Magnetometers, by Application, 2019–2022 (USD Million)
TABLE 23 Wearable Sensors Market for Magnetometers, by Application, 2023–2028 (USD Million)
TABLE 24 Wearable Sensors Market for Magnetometers, by Vertical, 2019–2022 (USD Million)
TABLE 25 Wearable Sensors Market for Magnetometers, by Vertical, 2023–2028 (USD Million)
6.4 gyroscopes
6.4.1 use of gyroscopes in virtual reality headsets, smartwatches, and fitness trackers to drive market
FIGURE 31 wristwear segment to hold major market share during forecast period
TABLE 26 Wearable Sensors Market for Gyroscopes, by Application, 2019–2022 (USD Million)
TABLE 27 Wearable Sensors Market for Gyroscopes, by Application, 2023–2028 (USD Million)
TABLE 28 Wearable Sensors Market for Gyroscopes, by Vertical, 2019–2022 (USD Million)
TABLE 29 Wearable Sensors Market for Gyroscopes, by Vertical, 2023–2028 (USD Million)
6.5 inertial sensors
6.5.1 use of inertial sensors in Eyewear devices to drive market
TABLE 30 Wearable Sensors Market for Inertial Sensors, by Application, 2019–2022 (USD Million)
TABLE 31 Wearable Sensors Market for Inertial Sensors, by Application, 2023–2028 (USD Million)
TABLE 32 Wearable Sensors Market for Inertial Sensors, by Vertical, 2019–2022 (USD Million)
TABLE 33 Wearable Sensors Market for Inertial Sensors, by Vertical, 2023–2028 (USD Million)
6.6 motion sensors
6.6.1 wristwear to account for largest market share for motion sensors
TABLE 34 Wearable Sensors Market for Motion Sensors, by Application, 2019–2022 (USD Million)
TABLE 35 Wearable Sensors Market for Motion Sensors, by Application, 2023–2028 (USD Million)
TABLE 36 Wearable Sensors Market for Motion Sensors, by Vertical, 2019–2022 (USD Million)
TABLE 37 Wearable Sensors Market for Motion Sensors, by Vertical, 2023–2028 (USD Million)
6.7 pressure and force sensors
6.7.1 use of pressure and force sensorS in Smartwatches and fitness bands to drive market
TABLE 38 Wearable Sensors Market for Pressure and Force Sensors, by Application, 2019–2022 (USD Million)
TABLE 39 Wearable Sensors Market for Pressure and Force Sensors, by Application, 2023–2028 (USD Million)
TABLE 40 Wearable Sensors Market for Pressure and Force Sensors, by Vertical, 2019–2022 (USD Million)
TABLE 41 Wearable Sensors Market for Pressure and Force Sensors, by Vertical, 2023–2028 (USD Million)
6.8 temperature and humidity sensors
6.8.1 wristwear application to drive market
FIGURE 32 industrial vertical to grow at highest rate during forecast period
TABLE 42 Wearable Sensors Market for Temperature and Humidity Sensors, by Application, 2019–2022 (USD Million)
TABLE 43 Wearable Sensors Market for Temperature and Humidity Sensors, by Application, 2023–2028 (USD Million)
TABLE 44 Wearable Sensors Market for Temperature and Humidity Sensors, by Vertical, 2019–2022 (USD Million)
TABLE 45 Wearable Sensors Market for Temperature and Humidity Sensors, by Vertical, 2023–2028 (USD Million)
6.9 microphones and MICRO SPEAKERS
6.9.1 wristwear, bodywear, and healthcare applications to drive market
TABLE 46 Wearable Sensors Market for Microphones and MICRO SPEAKERS, by Application, 2019–2022 (USD Million)
TABLE 47 Wearable Sensors Market for Microphones and MICRO SPEAKERS, by Application, 2023–2028 (USD Million)
TABLE 48 Wearable Sensors Market for Microphones and MICRO SPEAKERS, by Vertical, 2019–2022 (USD Million)
TABLE 49 Wearable Sensors Market for Microphones and MICRO SPEAKERS, by Vertical, 2023–2028 (USD Million)
6.10 medical-based sensors
6.10.1 increasing demand for health tracking devices to drive market
6.10.2 blood oxygen sensors
6.10.3 blood glucose sensors
6.10.4 blood flow sensors
6.10.5 ecg sensors
6.10.6 heart rate sensors
6.10.7 hall effect sensors
TABLE 50 Wearable Sensors Market for Medical-Based Sensors, by Application, 2019–2022 (USD Million)
TABLE 51 Wearable Sensors Market for Medical-Based Sensors, by Application, 2023–2028 (USD Million)
TABLE 52 Wearable Sensors Market for Medical-Based Sensors, by Vertical, 2019–2022 (USD Million)
TABLE 53 Wearable Sensors Market for Medical-Based Sensors, by Vertical, 2023–2028 (USD Million)
6.11 image sensors
6.11.1 increased demand for activity monitoring devices to drive market
TABLE 54 Wearable Sensors Market for Image Sensors, by Application, 2019–2022 (USD Million)
TABLE 55 Wearable Sensors Market for Image Sensors, by Application, 2023–2028 (USD Million)
TABLE 56 Wearable sensors market for Image Sensors, by Vertical, 2019–2022 (USD Million)
TABLE 57 Wearable sensors market for Image Sensors, by Vertical, 2023–2028 (USD Million)
6.12 touch sensors
6.12.1 Rising demand for wearable devices to drive market
FIGURE 33 eyewear segment to grow at highest rate during forecast period
TABLE 58 WEARABLE SENSORS MARKET FOR TOUCH SENSORS, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 59 WEARABLE SENSORS MARKET FOR TOUCH SENSORS, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 60 Wearable Sensors Market for Touch Sensors, by Vertical, 2019–2022 (USD Million)
TABLE 61 Wearable Sensors Market for Touch Sensors, by Vertical, 2023–2028 (USD Million)
6.13 other sensors
6.13.1 position sensors
6.13.2 light sensors
6.13.3 Chemical sensors
6.13.4 Electrode sensors
6.13.5 Biosensors
TABLE 62 WEARABLE SENSORS MARKET FOR OTHER SENSORS, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 63 WEARABLE SENSORS MARKET FOR OTHER SENSORS, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 64 Wearable Sensors Market for Other Sensors, by Vertical, 2019–2022 (USD Million)
TABLE 65 Wearable Sensors Market for Other Sensors, by Vertical, 2023–2028 (USD Million)
7 WEARABLE SENSORS MARKET, BY TECHNOLOGY
7.1 Introduction
7.2 Microelectromechanical system (MEMS)
7.2.1 Increased demand in healthcare sector to drive market
7.3 very-large-scale integration (vlsi)
7.3.1 Use in healthcare, security, and navigation applications to drive market
7.4 nanoelectromechanical system (nems)
7.4.1 Use in smartwatches, smart glasses, and smart bands to drive market
7.5 Complementary metal oxide semiconductor (cmos)
7.5.1 Increasing trend of microfabrication and nanofabrication of electronic structures to drive market
7.6 microsystems technology (mst)
7.6.1 Increasing trend of miniaturization to drive market
7.7 application-SPECIFIC integrated circuit (asic)
7.7.1 rising demand for environmental monitoring to drive market
7.8 Optical technology
7.8.1 rising adoption OF health monitoring systemS to drive market
7.9 Chemical technology
7.9.1 Increased focus ON sensor fabrication to drive market
7.10 Electrode
7.10.1 Growing adoption of medical devices to drive market
8 WEARABLE SENSORS MARKET, BY APPLICATION
8.1 introduction
FIGURE 34 bodywear segment TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
TABLE 66 Wearable Sensors Market, by Application, 2019–2022 (USD Million)
TABLE 67 Wearable Sensors Market, by Application, 2023–2028 (USD Million)
8.2 WRISTWEAR
8.2.1 Increasing demand from consumer goods vertical to drive market
8.2.2 WRIST-WEARABLE BANDS/WATCHES
8.2.3 WRIST-WEARABLE BRACELETS
TABLE 68 Wearable Sensors Market for Wristwear application, by Type, 2019–2022 (USD Million)
TABLE 69 Wearable Sensors Market for Wristwear application, by Type, 2023–2028 (USD Million)
8.3 EYEWEAR
8.3.1 Increasing demand in consumer goods vertical to drive market
8.3.2 GOOGLE GLASSES
8.3.3 SMART CONTACT LENSES, HEAD-UP DISPLAYS, AND HEAD-MOUNTED DISPLAYS
TABLE 70 Wearable Sensors Market for Eyewear Application, by Type, 2019–2022 (USD Million)
TABLE 71 Wearable Sensors Market for Eyewear Application, by Type, 2023–2028 (USD Million)
8.3.4 AR/VR
8.3.5 Neutral Interface
8.3.6 Eye-tracking
8.3.7 Depth sensing
8.4 footwear
8.4.1 Increasing deployment of wearable sensors by footwear manufacturers to drive market
TABLE 72 Wearable Sensors Market for Footwear Application, by Type, 2019–2022 (USD Million)
TABLE 73 Wearable Sensors Market for Footwear Application, by Type, 2023–2028 (USD Million)
8.4.2 Smart socks
8.4.3 Insoles
8.5 neckwear
8.5.1 Increasing demand for smart neckwear to drive market
8.5.2 Ties and collars
8.5.3 Ornaments and jewelry
TABLE 74 Wearable Sensors Market for Neckwear Application, by Type, 2019–2022 (USD Million)
TABLE 75 Wearable Sensors Market for Neckwear Application, by Type, 2023–2028 (USD Million)
8.6 bodywear
8.6.1 Emerging trend of techno-fashion clothing to drive market
8.6.2 Clothing and innerwear
8.6.3 Arm and legwear
8.6.4 Smart socks
8.6.5 Chest straps
TABLE 76 Wearable Sensors Market for Bodywear Application, by Type, 2019–2022 (USD Million)
TABLE 77 Wearable Sensors Market for Bodywear Application, by Type, 2023–2028 (USD Million)
8.7 other applications
8.7.1 Ring Scanner/Wear
8.7.2 Smart Headsets/Headbands
8.7.3 Earwear
8.7.4 Skin Patches
TABLE 78 Wearable Sensors Market for Other Applications, by Type, 2019–2022 (USD Million)
TABLE 79 Wearable Sensors Market for Other Applications, by Type, 2023–2028 (USD Million)
9 WEARABLE SENSORS MARKET, BY VERTICAL
9.1 Introduction
FIGURE 35 Consumer goods to hold largest market during forecast period
TABLE 80 Wearable sensors market, by Vertical, 2019–2022 (USD Million)
TABLE 81 Wearable sensors market, by Vertical, 2023–2028 (USD Million)
9.2 Consumer goods
9.2.1 fitness and sports
9.2.1.1 Increased awareness toward fitness and sports to drive market
9.2.2 infotainment and multimedia
9.2.2.1 Use of wearable sensors in various communication technologies to drive market
9.2.3 Payment and Access Control
9.2.3.1 Use of wearable sensors in secure and convenient transactions and access management to drive market
9.2.4 Personal safety and security
9.2.4.1 Use of wearable sensors in safety and security applications to drive market
9.2.5 Garments and fashion
9.2.5.1 Integration of wearable sensors in fashion industry to drive market
TABLE 82 Wearable sensors market for Consumer goods, by Type, 2019–2022 (USD Million)
TABLE 83 Wearable sensors market for consumer goods, by Type, 2023–2028 (USD Million)
TABLE 84 Wearable sensors market for Consumer goods, by Region, 2019–2022 (USD Million)
TABLE 85 Wearable sensors market for Consumer goods, by Region, 2023–2028 (USD Million)
9.3 Healthcare
9.3.1 Vital signs monitoring
9.3.1.1 Glucose monitoring
9.3.1.1.1 Continuous glucose monitoring
9.3.1.1.1.1 Providing real-time glucose monitoring levels to drive market
9.3.1.1.2 Non-invasive glucose monitoring
9.3.1.1.2.1 Non-invasive procedure to monitor blood glucose level to drive market
9.3.1.2 Cardiac monitoring
9.3.1.2.1 Enabling continuous monitoring of physiological parameters to drive market
9.3.1.3 Oxygen saturation level monitoring
9.3.1.3.1 Utilization of sensors for Oxygen saturation level monitoring to drive market
9.3.1.4 Blood pressure monitoring
9.3.1.4.1 Use of blood pressure sensors in healthcare to drive market
9.3.2 Sleep and mental health monitoring
9.3.2.1 Utilization of sensors in sleep and mental health analysis to drive market
9.3.3 Fall and movement detection
9.3.3.1 Detection of safety alerts and track movement patterns to drive market
9.3.4 Alcohol consumption monitoring
9.3.4.1 Monitoring of real-time alcohol consumption to drive market
9.3.5 Urine Monitoring
9.3.5.1 Analyzing various parameters related to urine composition to drive market
9.3.6 Lactic Acid Monitoring
9.3.6.1 Detection of real-time lactate levels to drive market
TABLE 86 Wearable sensors market for Healthcare, by Type, 2019–2022 (USD Million)
TABLE 87 Wearable sensors market for Healthcare, by Type, 2023–2028 (USD Million)
TABLE 88 Wearable sensors market for Healthcare, by Region, 2019–2022 (USD Million)
TABLE 89 Wearable sensors market for Healthcare, by Region, 2023–2028 (USD Million)
9.4 Industrial
9.4.1 logistics, packaging, and warehouse applications
9.4.1.1 Increased mobility and productivity due to usage of wearable devices to drive market
9.4.2 other industrial verticals (chemicals, petroleum, oil and gas, and mining and construction)
FIGURE 36 pressure and Force sensors to lead market for industrial vertical IN 2023–2028
TABLE 90 Wearable sensors market for Industrial Vertical, by Type, 2019–2022 (USD Million)
TABLE 91 Wearable sensors market for Industrial Vertical, by Type, 2023–2028 (USD Million)
TABLE 92 Wearable sensors market for Industrial Vertical, by Region, 2019–2022 (USD Million)
TABLE 93 Wearable sensors market for Industrial Vertical, by Region, 2023–2028 (USD Million)
9.5 Other Verticals
FIGURE 37 Accelerometers and pressure and force sensors to hold significant market for Other Verticals between 2023 and 2028
TABLE 94 Wearable sensors market for Other Verticals, by Type, 2019–2022 (USD Million)
TABLE 95 Wearable sensors market for Other Verticals, by Type, 2023–2028 (USD Million)
TABLE 96 Wearable sensors market for Other Verticals, by Region, 2019–2022 (USD Million)
TABLE 97 Wearable sensors market for Other Verticals, by Region, 2023–2028 (USD Million)
10 WEARABLE SENSORS MARKET, BY REGION
10.1 Introduction
FIGURE 38 wearable sensors market: regional snapshot (2019–2022)
TABLE 98 Wearable sensors market, by Region, 2019–2022 (USD Million)
TABLE 99 Wearable sensors market, by Region, 2023–2028 (USD Million)
10.2 North America
10.2.1 recession impact Analysis
FIGURE 39 north america: WEARABLE sensors market SNAPSHOT
TABLE 100 North America: Wearable sensors market, by country, 2019–2022 (USD Million)
TABLE 101 north america: Wearable sensors market, by country, 2023–2028 (USD Million)
TABLE 102 North America: Wearable sensors market, by Vertical, 2019–2022 (USD Million)
TABLE 103 north america: Wearable sensors market, by Vertical, 2023–2028 (USD Million)
10.2.2 US
10.2.2.1 Investments and innovations in healthcare and security applications to drive market
10.2.3 Canada
10.2.3.1 Increased popularity of IoT platforms to drive market
10.2.4 Mexico
10.2.4.1 Increased adoption of advanced technologies in various industries to drive market
10.3 Europe
10.3.1 recession impact analysis
FIGURE 40 EUROPE: WEARABLE sensors market SNAPSHOT
TABLE 104 Europe: Wearable sensors market, by country, 2019–2022 (USD Million)
TABLE 105 Europe: Wearable sensors market, by country, 2023–2028 (USD Million)
TABLE 106 Europe: Wearable sensors market, by Vertical, 2019–2022 (USD Million)
TABLE 107 Europe: Wearable sensors market, by Vertical, 2023–2028 (USD Million)
10.3.2 GERMANY
10.3.2.1 Use of wearables in healthcare, sports, and fashion industries to drive market
10.3.3 UK
10.3.3.1 Advancements in healthcare sector to drive market
10.3.4 FRANCE
10.3.4.1 Adoption of advanced technology in automotive and aerospace industries to drive market
10.3.5 Italy
10.3.5.1 Adoption of wearables in health monitoring to drive market
10.3.6 rest of europe
10.4 Asia Pacific
10.4.1 recession impact analysis
FIGURE 41 ASIA PACIFIC: wearable sensors market SNAPSHOT
TABLE 108 ASIA PACIFIC: Wearable sensors market, by country, 2019–2022 (USD Million)
TABLE 109 ASIA PACIFIC: Wearable sensors market, by country, 2023–2028 (USD Million)
TABLE 110 Asia Pacific: Wearable sensors market, by Vertical, 2019–2022 (USD Million)
TABLE 111 Asia Pacific: Wearable sensors market, by Vertical, 2023–2028 (USD Million)
10.4.2 CHINA
10.4.2.1 Increased implementation of wearable sensors in various sectors to drive market
10.4.3 JAPAN
10.4.3.1 Increased technological innovation in consumer electronics sector to drive market
10.4.4 SOUTH KOREA
10.4.4.1 Presence of leading firms from consumer electronics sector to drive market
10.4.5 India
10.4.5.1 Increased usage of smart devices to drive market
10.4.6 rest of ASIA PACIFIC
10.5 REST OF the WORLD
10.5.1 recession impact analysis
TABLE 112 rest of the world: Wearable sensors market, by region, 2019–2022 (USD Million)
TABLE 113 rest of the world: Wearable sensors market, by region, 2023–2028 (USD Million)
TABLE 114 rest of the world: Wearable sensors market, by Vertical, 2019–2022 (USD Million)
TABLE 115 rest of the world: Wearable sensors market, by Vertical, 2023–2028 (USD Million)
10.5.2 South America
10.5.2.1 Availability of affordable electronic products to drive market
10.5.3 MIDDLE EAST & AFRICA
10.5.3.1 Stringent safety requirements in oil & gas industries to drive market
11 COMPETITIVE LANDSCAPE
11.1 overview
TABLE 116 wearable sensors MARKET: strategies adopted by key players from 2019 to 2023
11.2 Wearable sensors MARKET share analysis, 2022
FIGURE 42 Wearable sensors market share analysis, 2022
TABLE 117 Wearable SENSORs MARKET: DEGREE OF COMPETITION
TABLE 118 Wearable sensors MARKET: ranking analysis
11.3 revenue analysis of top five companies, 2020–2022
FIGURE 43 revenue analysis of top five players in wearable sensors market, 2020–2022
11.4 COMPANY EVALUATION matrix
11.4.1 STARs
11.4.2 EMERGING LEADERs
11.4.3 PERVASIVE players
11.4.4 PARTICIPANTs
FIGURE 44 Wearable sensors MARKET: COMPANY EVALUATION matrix, 2022
11.5 START-UP/SME EVALUATION MATRIX
TABLE 119 START-UPS/SMEs IN wearable sensors MARKET
11.5.1 PROGRESSIVE COMPANies
11.5.2 RESPONSIVE COMPANies
11.5.3 DYNAMIC COMPANies
11.5.4 STARTING BLOCKs
FIGURE 45 wearable sensors MARKET: START-UP/SME EVALUATION MATRIX, 2022
TABLE 120 wearable sensors market: DETAILED LIST OF KEY START-UPs/SMEs
11.5.5 COMPETITIVE BENCHMARKING
TABLE 121 wearable sensors MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPs/SMes
11.6 COMPANY FOOTPRINT
TABLE 122 COMPANY FOOTPRINT
TABLE 123 COMPANY wearable sensor Type FOOTPRINT
TABLE 124 COMPANY VertICal FOOTPRINT
TABLE 125 COMPANY REGION FOOTPRINT
11.7 Competitive scenario
11.7.1 product launches
TABLE 126 PRODUCT Launches, 2022–2023
11.7.2 DEALs
TABLE 127 DEALS, 2021–2023
11.7.3 OTHERS
TABLE 128 others, 2023
12 COMPANY OVERVIEW
12.1 KEY PLAYERS
(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*
12.1.1 STMicroelectronics
TABLE 129 STmicroelectronics: COMPANY OVERVIEW
FIGURE 46 STMicroelectronics: Company Snapshot
TABLE 130 STmicroelectronics: PRODUCTs offered
TABLE 131 STMICROELECTRONICS: Product launches
12.1.2 Infineon Technologies AG
TABLE 132 InfINEon Technologies AG: COMPANY OVERVIEW
FIGURE 47 Infineon Technologies AG: Company Snapshot
TABLE 133 InfINEon Technologies ag: PRODUCTs offered
TABLE 134 InfINEon Technologies AG: Product launches
12.1.3 NXP Semiconductors
TABLE 135 NXp semiconductors: COMPANY OVERVIEW
FIGURE 48 NXP Semiconductors: Company Snapshot
TABLE 136 NXP SEMICONDUCTORs: PRODUcts OFFERed
TABLE 137 Deals NXP SEMICONDUCTORs: deals
12.1.4 Texas Instruments Inc.
TABLE 138 Texas Instruments INC.: COMPANY OVERVIEW
FIGURE 49 TEXAS Instruments Inc.: Company Snapshot
TABLE 139 Texas Instruments Inc.: PRODUCts offered
TABLE 140 Texas Instruments inc.: Product launches
12.1.5 TE Connectivity
TABLE 141 TE connectivity: COMPANY OVERVIEW
FIGURE 50 TE Connectivity: Company Snapshot
TABLE 142 TE CONNECTIVITY: PRODUCTs offered
12.1.6 Broadcom
TABLE 143 BROADCOM: COMPANY OVERVIEW
FIGURE 51 BROADCOM: Company Snapshot
TABLE 144 Broadcom: PRODUCts OFFERed
TABLE 145 Broadcom: Product launches
12.1.7 Analog Devices, Inc.
TABLE 146 Analog devices, Inc.: COMPANY OVERVIEW
FIGURE 52 Analog Devices, Inc.: Company Snapshot
TABLE 147 Analog Devices, Inc.: PRODUcts offered
TABLE 148 Analog Devices, Inc.: Others
12.1.8 Panasonic holdings Corporation
TABLE 149 Panasonic holdings corporation: COMPANY OVERVIEW
FIGURE 53 Panasonic holdings Corporation: Company Snapshot
TABLE 150 panasonic holdings corporation: PRODUCTs OFFERed
12.1.9 Asahi Kasei Corporation
TABLE 151 Asahi kasei corporation: COMPANY OVERVIEW
FIGURE 54 Asahi Kasei Corporation: Company Snapshot
TABLE 152 Asahi KASEI: PRODUCTs OFFERed
TABLE 153 Asahi KASEI: Deals
12.1.10 Knowles Electronics, LLC.
TABLE 154 Knowles ELECTRONICS, llc.: COMPANY OVERVIEW
FIGURE 55 Knowles Electronics, LLC.: Company Snapshot
TABLE 155 Knowles electronics, LLC.: PRODUCTs OFFERed
TABLE 156 Knowles electronics, LLC.: Product launches
*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.
12.2 other key players
12.2.1 Robert Bosch GmbH
TABLE 157 Robert Bosch GmbH: company overview
12.2.2 InvenSense, Inc.
TABLE 158 InvenSense, Inc.: company overview
12.2.3 MCUBE
TABLE 159 mcube: company overview
12.2.4 SENSIrion ag
TABLE 160 SENSIrion ag: company overview
12.2.5 ams-osram ag
TABLE 161 ams-osram ag: company overview
12.2.6 Arms Limited
TABLE 162 Arms Limited: company overview
12.2.7 Empatica Inc
TABLE 163 Empatica Inc: company overview
12.2.8 Hexoskin
TABLE 164 Hexoskin: company overview
12.2.9 Neo FEct
TABLE 165 Neo FEct: company overview
12.2.10 Enflux
TABLE 166 Enflux: company overview
12.2.11 HOCOMA
TABLE 167 HOCOMA: company overview
12.2.12 Actofit
TABLE 168 Actofit: company overview
12.2.13 Whoop
TABLE 169 Whoop: company overview
12.2.14 motiv
TABLE 170 motiv: company overview
12.2.15 Oura Health Oy
TABLE 171 Oura Health Oy: company overview
13 APPENDIX
13.1 discussion guide
13.2 KnowledgeStore: MarketsandMarkets’ subscription portal
13.3 customization OPTIONS
13.4 Related Reports
13.5 AUTHOR DETAILS
1.1 study Objectives
1.2 market definition
1.2.1 Inclusions and Exclusions
1.3 market Scope
1.3.1 markets covered
1.3.2 regions covered
1.3.3 Years considered
1.4 currency CONSIDERED
1.4.1 USD Exchange rates
1.5 UnitS considered
1.6 limitations
1.7 stakeholders
1.8 recession impact analysis
1.9 sUmmary of Changes
2 RESEARCH METHODOLOGY
2.1 Research data
FIGURE 1 wearable sensors market: Research design
2.1.1 Secondary and primary Research
2.1.2 secondary data
TABLE 1 List of key secondary sources
2.1.2.1 Key data from secondary sources
2.1.3 Primary Data
2.1.3.1 Key data from primary interviews
2.1.3.2 Breakdown of primary interviews
2.1.3.3 Insights from industry experts
2.2 research approach and methodology
FIGURE 2 market size estimation methodology: supply-side analysis: revenue of products/solutions/services in wearable sensors market
2.2.1 bottom-up approach
2.2.1.1 Market size estimation by bottom-up analysis (demand side)
FIGURE 3 wearable sensors market size estimation methodology: Bottom-up approach
2.2.2 top-down approach
2.2.2.1 Market size estimation by top-down analysis (supply side)
FIGURE 4 wearable sensors market size estimation methodology: top-down approach
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 5 data triangulation
2.4 research assumptions
2.5 PARAMETERS for recession impact analysis
2.6 rISK ASSESSMENT
3 EXECUTIVE SUMMARY
FIGURE 6 Magnetometer segment to grow at highest CAGR during forecast period
FIGURE 7 Bodywear segment to grow at highest cagr during forecast period
FIGURE 8 Consumer goods Vertical to hold largest market share during forecast period
FIGURE 9 Wearable sensors Market, by Region, 2023–2028
4 PREMIUM INSIGHTS
4.1 attractive opportunities for market players
FIGURE 10 demand for fitness and health tracking devices to drive market during forecast period
4.2 wearable sensors MARKET, BY type
FIGURE 11 Gyroscope segment TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
4.3 wearable sensors market in Asia pacific, by vertical and COUNTRY
FIGURE 12 Consumer goods and china to hold largest market shares in asia pacific in 2023, by vertical and by country
4.4 Wearable sensors market, by country
FIGURE 13 India to dominate Wearable sensors market during forecast period
5 MARKET OVERVIEW
5.1 Introduction
5.2 Market dynamics
FIGURE 14 Wearable sensors market: drivers, restraints, opportunities, and challenges
5.2.1 Drivers
5.2.1.1 Increasing trend toward smaller, smarter, and cheaper sensors
5.2.1.2 Miniaturization trend in sensors
5.2.1.3 Rising share of aging population
5.2.1.4 Benefits of wearable devices in healthcare sector
5.2.1.5 Rise of IoT, AR, and M2M
5.2.1.6 Growing interest of Tier I players
5.2.1.7 Growing trend toward smart living among end users
FIGURE 15 WEARABLE SENSORS MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.2 Restraints
5.2.2.1 Lack of common standards and interoperability issues
5.2.2.2 High cost of wearable products
5.2.2.3 Regulatory issues
5.2.2.4 Security and privacy concerns
FIGURE 16 WEARABLE SENSORS MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.3 opportunities
5.2.3.1 Increasing number of connected devices
5.2.3.2 Potential applications of wearable technology
FIGURE 17 WEARABLE SENSORS MARKET: IMPACT ANALYSIS OF OPPORTUNITies
5.2.4 Challenges
5.2.4.1 Technical difficulties related to hardware and software
5.2.4.2 Device protection and thermal consideration
5.2.4.3 Growing miniaturization in sensors and wearable devices
FIGURE 18 WEARABLE SENSORS MARKET: IMPACT ANALYSIS OF CHALLENGES
5.3 VAlue Chain Analysis
FIGURE 19 Wearable sensors market: value chain analysis
5.3.1 Raw material and equipment suppliers
5.3.2 Chip designers
5.3.3 Technology providers
5.3.4 Integrators
5.3.5 Applications
5.4 EcoSystem Analysis
FIGURE 20 Wearable sensors market: ecosystem analysis
TABLE 2 wearable sensors market EcoSysteM
5.5 pricing analysis
TABLE 3 average selling Prices of Wearable sensors
5.5.1 AVERAGE SELLING PRICE Of wearable SENsORs offered by KEY PLAYERs
FIGURE 21 average selling price of Wearable SENSORs offered by key players
5.5.2 Average selling price trend
FIGURE 22 average selling price of Accelerometers
5.6 TRENDS/DISRUPTIONS IMPACTING customer BUSINESS
5.6.1 revenue shift and new revenue pockets for market players
FIGURE 23 revenue shift in wearable sensors market
5.7 technology analysis
5.7.1 fully printed and multifunctional graphene-based wearable e-textiles for personalized healthcare applications
5.7.2 Design of wearable sensors in clinical diagnostics
5.8 key stakeholders and buying criteria
5.8.1 key stakeholders in buying process
FIGURE 24 wearable sensors MARKET: influence of STAKEHOLDERS on BUYING PROCESS FOR TOP three applications
TABLE 4 wearable sensors MARKET: influence of STAKEHOLDERS on BUYING PROCESS FOR TOP three applications
5.8.2 buying criteria
FIGURE 25 Wearable SENSORS MARKET: KEY buying criteria for top three applications
TABLE 5 KEY buying criteria for top three applications
5.9 porter’s five forces analysis
TABLE 6 Wearable sensors market: porter’s five forces analysis
5.9.1 Bargaining Power of Suppliers
5.9.2 Bargaining Power of Buyers
5.9.3 Threat of New Entrants
5.9.4 Threat of Substitutes
5.9.5 Intensity of Competitive Rivalry
5.10 use cases
5.10.1 use case 1: WATERPROOF MEMS pressure sensors by STmicroelectronics
5.10.2 use case 2: use of Human Condition Safety sensors to minimize job site risks
5.10.3 use case 3: fitbit’s new Sense smartwatch tAKES skin temperature for managing stress
5.11 TRADE ANALYSIs
FIGURE 26 IMPORT data, BY COUNTRY, 2018–2022 (USD million)
FIGURE 27 EXPORT DATa, by country, 2018–2022 (USD million)
5.11.1 Tariff analysis
TABLE 7 tariff for Wristwatches, whether or not incorporating stopwatch Facility, elEctrically operated, Exported by China, 2021
TABLE 8 tariff for Wristwatches, whether or not incorporating stopwatch Facility, ELECTRICALLY operated, EXPORTED BY Germany, 2021
TABLE 9 tariff for Wristwatches, whether or not incorporating stopwatch Facility, ELECTRICALLY operated EXPORTED BY US, 2021
TABLE 10 tariff for Wristwatches, whether or not incorporating stopwatch Facility, ELECTRICALLY operated, Exported by France 2021
5.12 PATENT ANALYSIS
FIGURE 28 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 11 Top 20 Patent Owners in Last 10 Years (US)
FIGURE 29 Number of patents granted per year from 2012 to 2022
TABLE 12 Wearable sensors MARKET: key patents, 2020–2022
5.13 key conferences and events, 2023–2024
TABLE 13 Wearable sensors MARKET: KEY Conferences and Events
5.14 Regulatory standards
5.14.1 Regulatory compliance
5.14.1.1 Regulations
6 WEARABLE SENSORS MARKET, BY TYPE
6.1 Introduction
FIGURE 30 Gyroscope segment to grow at highest rate during forecast period
TABLE 14 Wearable Sensors Market, by Type, 2019–2022 (USD Million)
TABLE 15 Wearable Sensors Market, by Type, 2023–2028 (USD Million)
TABLE 16 Wearable sensors market, by type, 2019–2022 (MILLION UNITS)
TABLE 17 Wearable sensors market, by type, 2023–2028 (MILLION UNITS)
6.2 accelerometers
6.2.1 Use of Accelerometers in smart textiles and smart watches to drive market
TABLE 18 Wearable Sensors Market for Accelerometers, by Application, 2019–2022 (USD Million)
TABLE 19 Wearable Sensors Market for Accelerometers, by Application, 2023–2028 (USD Million)
TABLE 20 Wearable Sensors Market for Accelerometers, by Vertical, 2019–2022 (USD Million)
TABLE 21 Wearable Sensors Market for Accelerometers, by Vertical, 2023–2028 (USD Million)
6.3 magnetometers
6.3.1 use of Magnetometers in wristwear and bodywear devices to drive market
TABLE 22 Wearable Sensors Market for Magnetometers, by Application, 2019–2022 (USD Million)
TABLE 23 Wearable Sensors Market for Magnetometers, by Application, 2023–2028 (USD Million)
TABLE 24 Wearable Sensors Market for Magnetometers, by Vertical, 2019–2022 (USD Million)
TABLE 25 Wearable Sensors Market for Magnetometers, by Vertical, 2023–2028 (USD Million)
6.4 gyroscopes
6.4.1 use of gyroscopes in virtual reality headsets, smartwatches, and fitness trackers to drive market
FIGURE 31 wristwear segment to hold major market share during forecast period
TABLE 26 Wearable Sensors Market for Gyroscopes, by Application, 2019–2022 (USD Million)
TABLE 27 Wearable Sensors Market for Gyroscopes, by Application, 2023–2028 (USD Million)
TABLE 28 Wearable Sensors Market for Gyroscopes, by Vertical, 2019–2022 (USD Million)
TABLE 29 Wearable Sensors Market for Gyroscopes, by Vertical, 2023–2028 (USD Million)
6.5 inertial sensors
6.5.1 use of inertial sensors in Eyewear devices to drive market
TABLE 30 Wearable Sensors Market for Inertial Sensors, by Application, 2019–2022 (USD Million)
TABLE 31 Wearable Sensors Market for Inertial Sensors, by Application, 2023–2028 (USD Million)
TABLE 32 Wearable Sensors Market for Inertial Sensors, by Vertical, 2019–2022 (USD Million)
TABLE 33 Wearable Sensors Market for Inertial Sensors, by Vertical, 2023–2028 (USD Million)
6.6 motion sensors
6.6.1 wristwear to account for largest market share for motion sensors
TABLE 34 Wearable Sensors Market for Motion Sensors, by Application, 2019–2022 (USD Million)
TABLE 35 Wearable Sensors Market for Motion Sensors, by Application, 2023–2028 (USD Million)
TABLE 36 Wearable Sensors Market for Motion Sensors, by Vertical, 2019–2022 (USD Million)
TABLE 37 Wearable Sensors Market for Motion Sensors, by Vertical, 2023–2028 (USD Million)
6.7 pressure and force sensors
6.7.1 use of pressure and force sensorS in Smartwatches and fitness bands to drive market
TABLE 38 Wearable Sensors Market for Pressure and Force Sensors, by Application, 2019–2022 (USD Million)
TABLE 39 Wearable Sensors Market for Pressure and Force Sensors, by Application, 2023–2028 (USD Million)
TABLE 40 Wearable Sensors Market for Pressure and Force Sensors, by Vertical, 2019–2022 (USD Million)
TABLE 41 Wearable Sensors Market for Pressure and Force Sensors, by Vertical, 2023–2028 (USD Million)
6.8 temperature and humidity sensors
6.8.1 wristwear application to drive market
FIGURE 32 industrial vertical to grow at highest rate during forecast period
TABLE 42 Wearable Sensors Market for Temperature and Humidity Sensors, by Application, 2019–2022 (USD Million)
TABLE 43 Wearable Sensors Market for Temperature and Humidity Sensors, by Application, 2023–2028 (USD Million)
TABLE 44 Wearable Sensors Market for Temperature and Humidity Sensors, by Vertical, 2019–2022 (USD Million)
TABLE 45 Wearable Sensors Market for Temperature and Humidity Sensors, by Vertical, 2023–2028 (USD Million)
6.9 microphones and MICRO SPEAKERS
6.9.1 wristwear, bodywear, and healthcare applications to drive market
TABLE 46 Wearable Sensors Market for Microphones and MICRO SPEAKERS, by Application, 2019–2022 (USD Million)
TABLE 47 Wearable Sensors Market for Microphones and MICRO SPEAKERS, by Application, 2023–2028 (USD Million)
TABLE 48 Wearable Sensors Market for Microphones and MICRO SPEAKERS, by Vertical, 2019–2022 (USD Million)
TABLE 49 Wearable Sensors Market for Microphones and MICRO SPEAKERS, by Vertical, 2023–2028 (USD Million)
6.10 medical-based sensors
6.10.1 increasing demand for health tracking devices to drive market
6.10.2 blood oxygen sensors
6.10.3 blood glucose sensors
6.10.4 blood flow sensors
6.10.5 ecg sensors
6.10.6 heart rate sensors
6.10.7 hall effect sensors
TABLE 50 Wearable Sensors Market for Medical-Based Sensors, by Application, 2019–2022 (USD Million)
TABLE 51 Wearable Sensors Market for Medical-Based Sensors, by Application, 2023–2028 (USD Million)
TABLE 52 Wearable Sensors Market for Medical-Based Sensors, by Vertical, 2019–2022 (USD Million)
TABLE 53 Wearable Sensors Market for Medical-Based Sensors, by Vertical, 2023–2028 (USD Million)
6.11 image sensors
6.11.1 increased demand for activity monitoring devices to drive market
TABLE 54 Wearable Sensors Market for Image Sensors, by Application, 2019–2022 (USD Million)
TABLE 55 Wearable Sensors Market for Image Sensors, by Application, 2023–2028 (USD Million)
TABLE 56 Wearable sensors market for Image Sensors, by Vertical, 2019–2022 (USD Million)
TABLE 57 Wearable sensors market for Image Sensors, by Vertical, 2023–2028 (USD Million)
6.12 touch sensors
6.12.1 Rising demand for wearable devices to drive market
FIGURE 33 eyewear segment to grow at highest rate during forecast period
TABLE 58 WEARABLE SENSORS MARKET FOR TOUCH SENSORS, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 59 WEARABLE SENSORS MARKET FOR TOUCH SENSORS, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 60 Wearable Sensors Market for Touch Sensors, by Vertical, 2019–2022 (USD Million)
TABLE 61 Wearable Sensors Market for Touch Sensors, by Vertical, 2023–2028 (USD Million)
6.13 other sensors
6.13.1 position sensors
6.13.2 light sensors
6.13.3 Chemical sensors
6.13.4 Electrode sensors
6.13.5 Biosensors
TABLE 62 WEARABLE SENSORS MARKET FOR OTHER SENSORS, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 63 WEARABLE SENSORS MARKET FOR OTHER SENSORS, BY APPLICATION, 2023–2028 (USD MILLION)
TABLE 64 Wearable Sensors Market for Other Sensors, by Vertical, 2019–2022 (USD Million)
TABLE 65 Wearable Sensors Market for Other Sensors, by Vertical, 2023–2028 (USD Million)
7 WEARABLE SENSORS MARKET, BY TECHNOLOGY
7.1 Introduction
7.2 Microelectromechanical system (MEMS)
7.2.1 Increased demand in healthcare sector to drive market
7.3 very-large-scale integration (vlsi)
7.3.1 Use in healthcare, security, and navigation applications to drive market
7.4 nanoelectromechanical system (nems)
7.4.1 Use in smartwatches, smart glasses, and smart bands to drive market
7.5 Complementary metal oxide semiconductor (cmos)
7.5.1 Increasing trend of microfabrication and nanofabrication of electronic structures to drive market
7.6 microsystems technology (mst)
7.6.1 Increasing trend of miniaturization to drive market
7.7 application-SPECIFIC integrated circuit (asic)
7.7.1 rising demand for environmental monitoring to drive market
7.8 Optical technology
7.8.1 rising adoption OF health monitoring systemS to drive market
7.9 Chemical technology
7.9.1 Increased focus ON sensor fabrication to drive market
7.10 Electrode
7.10.1 Growing adoption of medical devices to drive market
8 WEARABLE SENSORS MARKET, BY APPLICATION
8.1 introduction
FIGURE 34 bodywear segment TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
TABLE 66 Wearable Sensors Market, by Application, 2019–2022 (USD Million)
TABLE 67 Wearable Sensors Market, by Application, 2023–2028 (USD Million)
8.2 WRISTWEAR
8.2.1 Increasing demand from consumer goods vertical to drive market
8.2.2 WRIST-WEARABLE BANDS/WATCHES
8.2.3 WRIST-WEARABLE BRACELETS
TABLE 68 Wearable Sensors Market for Wristwear application, by Type, 2019–2022 (USD Million)
TABLE 69 Wearable Sensors Market for Wristwear application, by Type, 2023–2028 (USD Million)
8.3 EYEWEAR
8.3.1 Increasing demand in consumer goods vertical to drive market
8.3.2 GOOGLE GLASSES
8.3.3 SMART CONTACT LENSES, HEAD-UP DISPLAYS, AND HEAD-MOUNTED DISPLAYS
TABLE 70 Wearable Sensors Market for Eyewear Application, by Type, 2019–2022 (USD Million)
TABLE 71 Wearable Sensors Market for Eyewear Application, by Type, 2023–2028 (USD Million)
8.3.4 AR/VR
8.3.5 Neutral Interface
8.3.6 Eye-tracking
8.3.7 Depth sensing
8.4 footwear
8.4.1 Increasing deployment of wearable sensors by footwear manufacturers to drive market
TABLE 72 Wearable Sensors Market for Footwear Application, by Type, 2019–2022 (USD Million)
TABLE 73 Wearable Sensors Market for Footwear Application, by Type, 2023–2028 (USD Million)
8.4.2 Smart socks
8.4.3 Insoles
8.5 neckwear
8.5.1 Increasing demand for smart neckwear to drive market
8.5.2 Ties and collars
8.5.3 Ornaments and jewelry
TABLE 74 Wearable Sensors Market for Neckwear Application, by Type, 2019–2022 (USD Million)
TABLE 75 Wearable Sensors Market for Neckwear Application, by Type, 2023–2028 (USD Million)
8.6 bodywear
8.6.1 Emerging trend of techno-fashion clothing to drive market
8.6.2 Clothing and innerwear
8.6.3 Arm and legwear
8.6.4 Smart socks
8.6.5 Chest straps
TABLE 76 Wearable Sensors Market for Bodywear Application, by Type, 2019–2022 (USD Million)
TABLE 77 Wearable Sensors Market for Bodywear Application, by Type, 2023–2028 (USD Million)
8.7 other applications
8.7.1 Ring Scanner/Wear
8.7.2 Smart Headsets/Headbands
8.7.3 Earwear
8.7.4 Skin Patches
TABLE 78 Wearable Sensors Market for Other Applications, by Type, 2019–2022 (USD Million)
TABLE 79 Wearable Sensors Market for Other Applications, by Type, 2023–2028 (USD Million)
9 WEARABLE SENSORS MARKET, BY VERTICAL
9.1 Introduction
FIGURE 35 Consumer goods to hold largest market during forecast period
TABLE 80 Wearable sensors market, by Vertical, 2019–2022 (USD Million)
TABLE 81 Wearable sensors market, by Vertical, 2023–2028 (USD Million)
9.2 Consumer goods
9.2.1 fitness and sports
9.2.1.1 Increased awareness toward fitness and sports to drive market
9.2.2 infotainment and multimedia
9.2.2.1 Use of wearable sensors in various communication technologies to drive market
9.2.3 Payment and Access Control
9.2.3.1 Use of wearable sensors in secure and convenient transactions and access management to drive market
9.2.4 Personal safety and security
9.2.4.1 Use of wearable sensors in safety and security applications to drive market
9.2.5 Garments and fashion
9.2.5.1 Integration of wearable sensors in fashion industry to drive market
TABLE 82 Wearable sensors market for Consumer goods, by Type, 2019–2022 (USD Million)
TABLE 83 Wearable sensors market for consumer goods, by Type, 2023–2028 (USD Million)
TABLE 84 Wearable sensors market for Consumer goods, by Region, 2019–2022 (USD Million)
TABLE 85 Wearable sensors market for Consumer goods, by Region, 2023–2028 (USD Million)
9.3 Healthcare
9.3.1 Vital signs monitoring
9.3.1.1 Glucose monitoring
9.3.1.1.1 Continuous glucose monitoring
9.3.1.1.1.1 Providing real-time glucose monitoring levels to drive market
9.3.1.1.2 Non-invasive glucose monitoring
9.3.1.1.2.1 Non-invasive procedure to monitor blood glucose level to drive market
9.3.1.2 Cardiac monitoring
9.3.1.2.1 Enabling continuous monitoring of physiological parameters to drive market
9.3.1.3 Oxygen saturation level monitoring
9.3.1.3.1 Utilization of sensors for Oxygen saturation level monitoring to drive market
9.3.1.4 Blood pressure monitoring
9.3.1.4.1 Use of blood pressure sensors in healthcare to drive market
9.3.2 Sleep and mental health monitoring
9.3.2.1 Utilization of sensors in sleep and mental health analysis to drive market
9.3.3 Fall and movement detection
9.3.3.1 Detection of safety alerts and track movement patterns to drive market
9.3.4 Alcohol consumption monitoring
9.3.4.1 Monitoring of real-time alcohol consumption to drive market
9.3.5 Urine Monitoring
9.3.5.1 Analyzing various parameters related to urine composition to drive market
9.3.6 Lactic Acid Monitoring
9.3.6.1 Detection of real-time lactate levels to drive market
TABLE 86 Wearable sensors market for Healthcare, by Type, 2019–2022 (USD Million)
TABLE 87 Wearable sensors market for Healthcare, by Type, 2023–2028 (USD Million)
TABLE 88 Wearable sensors market for Healthcare, by Region, 2019–2022 (USD Million)
TABLE 89 Wearable sensors market for Healthcare, by Region, 2023–2028 (USD Million)
9.4 Industrial
9.4.1 logistics, packaging, and warehouse applications
9.4.1.1 Increased mobility and productivity due to usage of wearable devices to drive market
9.4.2 other industrial verticals (chemicals, petroleum, oil and gas, and mining and construction)
FIGURE 36 pressure and Force sensors to lead market for industrial vertical IN 2023–2028
TABLE 90 Wearable sensors market for Industrial Vertical, by Type, 2019–2022 (USD Million)
TABLE 91 Wearable sensors market for Industrial Vertical, by Type, 2023–2028 (USD Million)
TABLE 92 Wearable sensors market for Industrial Vertical, by Region, 2019–2022 (USD Million)
TABLE 93 Wearable sensors market for Industrial Vertical, by Region, 2023–2028 (USD Million)
9.5 Other Verticals
FIGURE 37 Accelerometers and pressure and force sensors to hold significant market for Other Verticals between 2023 and 2028
TABLE 94 Wearable sensors market for Other Verticals, by Type, 2019–2022 (USD Million)
TABLE 95 Wearable sensors market for Other Verticals, by Type, 2023–2028 (USD Million)
TABLE 96 Wearable sensors market for Other Verticals, by Region, 2019–2022 (USD Million)
TABLE 97 Wearable sensors market for Other Verticals, by Region, 2023–2028 (USD Million)
10 WEARABLE SENSORS MARKET, BY REGION
10.1 Introduction
FIGURE 38 wearable sensors market: regional snapshot (2019–2022)
TABLE 98 Wearable sensors market, by Region, 2019–2022 (USD Million)
TABLE 99 Wearable sensors market, by Region, 2023–2028 (USD Million)
10.2 North America
10.2.1 recession impact Analysis
FIGURE 39 north america: WEARABLE sensors market SNAPSHOT
TABLE 100 North America: Wearable sensors market, by country, 2019–2022 (USD Million)
TABLE 101 north america: Wearable sensors market, by country, 2023–2028 (USD Million)
TABLE 102 North America: Wearable sensors market, by Vertical, 2019–2022 (USD Million)
TABLE 103 north america: Wearable sensors market, by Vertical, 2023–2028 (USD Million)
10.2.2 US
10.2.2.1 Investments and innovations in healthcare and security applications to drive market
10.2.3 Canada
10.2.3.1 Increased popularity of IoT platforms to drive market
10.2.4 Mexico
10.2.4.1 Increased adoption of advanced technologies in various industries to drive market
10.3 Europe
10.3.1 recession impact analysis
FIGURE 40 EUROPE: WEARABLE sensors market SNAPSHOT
TABLE 104 Europe: Wearable sensors market, by country, 2019–2022 (USD Million)
TABLE 105 Europe: Wearable sensors market, by country, 2023–2028 (USD Million)
TABLE 106 Europe: Wearable sensors market, by Vertical, 2019–2022 (USD Million)
TABLE 107 Europe: Wearable sensors market, by Vertical, 2023–2028 (USD Million)
10.3.2 GERMANY
10.3.2.1 Use of wearables in healthcare, sports, and fashion industries to drive market
10.3.3 UK
10.3.3.1 Advancements in healthcare sector to drive market
10.3.4 FRANCE
10.3.4.1 Adoption of advanced technology in automotive and aerospace industries to drive market
10.3.5 Italy
10.3.5.1 Adoption of wearables in health monitoring to drive market
10.3.6 rest of europe
10.4 Asia Pacific
10.4.1 recession impact analysis
FIGURE 41 ASIA PACIFIC: wearable sensors market SNAPSHOT
TABLE 108 ASIA PACIFIC: Wearable sensors market, by country, 2019–2022 (USD Million)
TABLE 109 ASIA PACIFIC: Wearable sensors market, by country, 2023–2028 (USD Million)
TABLE 110 Asia Pacific: Wearable sensors market, by Vertical, 2019–2022 (USD Million)
TABLE 111 Asia Pacific: Wearable sensors market, by Vertical, 2023–2028 (USD Million)
10.4.2 CHINA
10.4.2.1 Increased implementation of wearable sensors in various sectors to drive market
10.4.3 JAPAN
10.4.3.1 Increased technological innovation in consumer electronics sector to drive market
10.4.4 SOUTH KOREA
10.4.4.1 Presence of leading firms from consumer electronics sector to drive market
10.4.5 India
10.4.5.1 Increased usage of smart devices to drive market
10.4.6 rest of ASIA PACIFIC
10.5 REST OF the WORLD
10.5.1 recession impact analysis
TABLE 112 rest of the world: Wearable sensors market, by region, 2019–2022 (USD Million)
TABLE 113 rest of the world: Wearable sensors market, by region, 2023–2028 (USD Million)
TABLE 114 rest of the world: Wearable sensors market, by Vertical, 2019–2022 (USD Million)
TABLE 115 rest of the world: Wearable sensors market, by Vertical, 2023–2028 (USD Million)
10.5.2 South America
10.5.2.1 Availability of affordable electronic products to drive market
10.5.3 MIDDLE EAST & AFRICA
10.5.3.1 Stringent safety requirements in oil & gas industries to drive market
11 COMPETITIVE LANDSCAPE
11.1 overview
TABLE 116 wearable sensors MARKET: strategies adopted by key players from 2019 to 2023
11.2 Wearable sensors MARKET share analysis, 2022
FIGURE 42 Wearable sensors market share analysis, 2022
TABLE 117 Wearable SENSORs MARKET: DEGREE OF COMPETITION
TABLE 118 Wearable sensors MARKET: ranking analysis
11.3 revenue analysis of top five companies, 2020–2022
FIGURE 43 revenue analysis of top five players in wearable sensors market, 2020–2022
11.4 COMPANY EVALUATION matrix
11.4.1 STARs
11.4.2 EMERGING LEADERs
11.4.3 PERVASIVE players
11.4.4 PARTICIPANTs
FIGURE 44 Wearable sensors MARKET: COMPANY EVALUATION matrix, 2022
11.5 START-UP/SME EVALUATION MATRIX
TABLE 119 START-UPS/SMEs IN wearable sensors MARKET
11.5.1 PROGRESSIVE COMPANies
11.5.2 RESPONSIVE COMPANies
11.5.3 DYNAMIC COMPANies
11.5.4 STARTING BLOCKs
FIGURE 45 wearable sensors MARKET: START-UP/SME EVALUATION MATRIX, 2022
TABLE 120 wearable sensors market: DETAILED LIST OF KEY START-UPs/SMEs
11.5.5 COMPETITIVE BENCHMARKING
TABLE 121 wearable sensors MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPs/SMes
11.6 COMPANY FOOTPRINT
TABLE 122 COMPANY FOOTPRINT
TABLE 123 COMPANY wearable sensor Type FOOTPRINT
TABLE 124 COMPANY VertICal FOOTPRINT
TABLE 125 COMPANY REGION FOOTPRINT
11.7 Competitive scenario
11.7.1 product launches
TABLE 126 PRODUCT Launches, 2022–2023
11.7.2 DEALs
TABLE 127 DEALS, 2021–2023
11.7.3 OTHERS
TABLE 128 others, 2023
12 COMPANY OVERVIEW
12.1 KEY PLAYERS
(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*
12.1.1 STMicroelectronics
TABLE 129 STmicroelectronics: COMPANY OVERVIEW
FIGURE 46 STMicroelectronics: Company Snapshot
TABLE 130 STmicroelectronics: PRODUCTs offered
TABLE 131 STMICROELECTRONICS: Product launches
12.1.2 Infineon Technologies AG
TABLE 132 InfINEon Technologies AG: COMPANY OVERVIEW
FIGURE 47 Infineon Technologies AG: Company Snapshot
TABLE 133 InfINEon Technologies ag: PRODUCTs offered
TABLE 134 InfINEon Technologies AG: Product launches
12.1.3 NXP Semiconductors
TABLE 135 NXp semiconductors: COMPANY OVERVIEW
FIGURE 48 NXP Semiconductors: Company Snapshot
TABLE 136 NXP SEMICONDUCTORs: PRODUcts OFFERed
TABLE 137 Deals NXP SEMICONDUCTORs: deals
12.1.4 Texas Instruments Inc.
TABLE 138 Texas Instruments INC.: COMPANY OVERVIEW
FIGURE 49 TEXAS Instruments Inc.: Company Snapshot
TABLE 139 Texas Instruments Inc.: PRODUCts offered
TABLE 140 Texas Instruments inc.: Product launches
12.1.5 TE Connectivity
TABLE 141 TE connectivity: COMPANY OVERVIEW
FIGURE 50 TE Connectivity: Company Snapshot
TABLE 142 TE CONNECTIVITY: PRODUCTs offered
12.1.6 Broadcom
TABLE 143 BROADCOM: COMPANY OVERVIEW
FIGURE 51 BROADCOM: Company Snapshot
TABLE 144 Broadcom: PRODUCts OFFERed
TABLE 145 Broadcom: Product launches
12.1.7 Analog Devices, Inc.
TABLE 146 Analog devices, Inc.: COMPANY OVERVIEW
FIGURE 52 Analog Devices, Inc.: Company Snapshot
TABLE 147 Analog Devices, Inc.: PRODUcts offered
TABLE 148 Analog Devices, Inc.: Others
12.1.8 Panasonic holdings Corporation
TABLE 149 Panasonic holdings corporation: COMPANY OVERVIEW
FIGURE 53 Panasonic holdings Corporation: Company Snapshot
TABLE 150 panasonic holdings corporation: PRODUCTs OFFERed
12.1.9 Asahi Kasei Corporation
TABLE 151 Asahi kasei corporation: COMPANY OVERVIEW
FIGURE 54 Asahi Kasei Corporation: Company Snapshot
TABLE 152 Asahi KASEI: PRODUCTs OFFERed
TABLE 153 Asahi KASEI: Deals
12.1.10 Knowles Electronics, LLC.
TABLE 154 Knowles ELECTRONICS, llc.: COMPANY OVERVIEW
FIGURE 55 Knowles Electronics, LLC.: Company Snapshot
TABLE 155 Knowles electronics, LLC.: PRODUCTs OFFERed
TABLE 156 Knowles electronics, LLC.: Product launches
*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.
12.2 other key players
12.2.1 Robert Bosch GmbH
TABLE 157 Robert Bosch GmbH: company overview
12.2.2 InvenSense, Inc.
TABLE 158 InvenSense, Inc.: company overview
12.2.3 MCUBE
TABLE 159 mcube: company overview
12.2.4 SENSIrion ag
TABLE 160 SENSIrion ag: company overview
12.2.5 ams-osram ag
TABLE 161 ams-osram ag: company overview
12.2.6 Arms Limited
TABLE 162 Arms Limited: company overview
12.2.7 Empatica Inc
TABLE 163 Empatica Inc: company overview
12.2.8 Hexoskin
TABLE 164 Hexoskin: company overview
12.2.9 Neo FEct
TABLE 165 Neo FEct: company overview
12.2.10 Enflux
TABLE 166 Enflux: company overview
12.2.11 HOCOMA
TABLE 167 HOCOMA: company overview
12.2.12 Actofit
TABLE 168 Actofit: company overview
12.2.13 Whoop
TABLE 169 Whoop: company overview
12.2.14 motiv
TABLE 170 motiv: company overview
12.2.15 Oura Health Oy
TABLE 171 Oura Health Oy: company overview
13 APPENDIX
13.1 discussion guide
13.2 KnowledgeStore: MarketsandMarkets’ subscription portal
13.3 customization OPTIONS
13.4 Related Reports
13.5 AUTHOR DETAILS
The term ‘Wearable Electronics’ refers to any electronic device or product which can be worn by a person, to integrate computing in his daily activity or work and use technology to avail advanced features and characteristics. In other words, wearable electronics helps to make routine things easier to perform, and also make life easy and comfortable by offering several computing features in various day-to-day applications, mainly due to integration of computing and communication devices. Today, several types of sensors in wearable electronics exist, with development of various types of wearable technologies and advancements in wearable computing.
Wearable computing/computers are small electronic devices worn by the user which enable mobile computing and wireless networking. Apart from these, the concept of electronic textiles (e-textiles)/smart textiles has recently emerged from the concept of integration of wearable computers in clothing and apparel. ‘Smart textiles’ are amalgamation with conventional textiles and computing as well as electronic components imparting additional functionalities such as sensing, monitoring, influencing and recording changes in the surroundings, and respond to them appropriately. This report mainly focuses on the complete global market for all types of sensors in wearable electronics which are available commercially and are yet to commercialize in the near future.
Apart from the novel concept of smart textiles, the field of wearable electronics also includes several other products such as smart glasses/goggles, ring/finger worn scanners, footwear such as athletic, fitness & sports shoes, wrist wear such as advanced electronic watches and wrist-bands and others (such as head-bands and neck-wear). Generally, any wearable electronic device may include few or all of the following – sensors & actuators, image and speech recognition technologies, positioning and networking chips, displays and optoelectronics and specialty monitoring devices. They emphasis on using the wearable devices for fitness, health monitoring, entertainment; enterprise and industrial applications has been increasing with advancements such as stretchable electronics, flexible circuits, conducting fabrics, long lasting batteries and smaller specialty wearable sensors.
The report deals with all the driving factors, restraints, and opportunities with respect to the global sensors in wearable electronics market, which are helpful in identifying trends and key success factors for the industry. The report also includes qualitative analysis of the market, by incorporating complete pricing and cost analysis of components and products, and Porter’s analysis. The report also profiles all the major companies active in this field. This report provides the competitive landscape of the key players, which covers all key growth strategies.
The report also formulates the entire value chain of the market, along with industry trends of sensors in wearable electronic devices with emphasis on market timelines and technology roadmaps, market and product life cycle analysis.
This report covers a sub-market in this field – the sensors in wearable electronic components market in detail, segmenting the market by power supply components, networking chipsets, sensors, actuators, controls and displays and optoelectronics. This report’s market scope covers the market for sensors in wearable electronic products which includes, market for all wristbands for example: Nike+ fuel band, all smart goggles (with all display technologies along with HUD & HMD), and all wearable footwear (including special ones with activity tracking sensors), clothing & apparel (including smart textiles) and others (ring scanners & neck-wear) for different applications across all industry verticals.
The report also gives an overview of technologies in this field of computing, positioning (GPS, digital compass), networking (Bluetooth, NFC, ANT+), sensors (accelerometers, MEMS), displays (HUDs and HMDs) and image and speech recognition technologies. The report also gives detail on smart textile materials – Auxetic materials, electrically conductive fabrics and yarns, photovoltaic, piezoelectric and thermo-electric devices.
New and upcoming developments in this field such as sensors in wearable electronic devices with Multifunction capabilities, mobile and wireless health wearable applications are also considered along with fitness and sports, entertainment and multimedia, and enterprise and industrial applications. Lastly, the sensors in wearable electronics market is segmented by geography across the Americas, Europe, Asia-Pacific (APAC), and RoW (Rest of the World) and further sub-segmented by countries.
Major players in this field includes: Denso Corporation (Japan), Freescale Semiconductor Ltd. (U.S.), Infineon Technologies AG (Germany.), Microchip Technology (U.S.), NXP Semiconductors (The Netherlands), Robert Bosch (Germany), InvenSense (U.S.), Innovega Inc. (U.S.), Texas Instruments, Inc. (U.S.), and STMicroelectronics (Switzerland).
