Wearable
sensors are Micro-Electromechanical Systems (MEMs) based sensors
which can sense and process the surrounding environment. Wearable
sensors are embedded in wearable devices to monitor bodily activities
which include blood pressure, body temperature and heart rate. The
market is primarily driven due to the rising awareness of health and
fitness, where wearable sensors play a major role. Moreover, the
falling price of the components used to manufacture the wearable
sensors is making the wearable devices affordable. In addition to
this, the wearable sensors are also being used to monitor patients in
the healthcare industry as it enables remote data access.
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Wearable Sensor Market Report with Full TOC at
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The
global wearable sensors market is expected to witness a significant
growth during the forecast period. This is due to its increasing
demand across various application sectors such as wearable technology
for fitness, healthcare and security. The increase in demand of
wearable technology is also driving the wearable sensors market. In
addition, the growing market of smartphones and tablets is also
enabling the integration of wearable devices with the smartphones.
Presently, wrist wear segment holds the majority of the market share
and is expected to dominate the market during the forecast period.
The introduction of smart watches from companies like Samsung, Sony
and Nike among others has given a boost to this market. Furthermore,
the foot wear application market is also expected to grow rapidly
during the forecast period.
Adoption
of high end technologies such as smart wearables is also creating new
opportunities for the wearable sensors manufacturers globally.
However, the case of security concerns such as important data being
shared is acting as a restraint. The rising awareness and concern
over health and fitness is also helping the market to grow. With the
introduction of fitness band that can be worn and connected with
smart phones to display the data is also supporting the growth of the
market. Geographically, North America has the highest penetration for
wearable sensors as they are the early adapters of newer technology.
However, the Asia Pacific region is expected to show the highest rate
due to the presence of developing nations like India and China.
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This
market research study analyzes the bearing market on a global level
and provides estimates in terms of revenue (USD million) from 2014 to
2020. It recognizes the drivers and restraints affecting the industry
and analyzes their impact over the forecast period. Moreover, it
identifies the significant opportunities for market growth in the
coming years.
The
market is segmented on the basis of geography as North America,
Europe, Asia-Pacific (APAC), and Rest of the World (RoW) and these
have been estimated in terms of revenue (USD million). In addition,
the report segments the market based on the product type, which
include motion sensors, pressure sensors, temperature sensor, image
sensors, position sensors, medical based sensors and others.
Wearable motions sensors are most widely used in wearable technology.
On the basis of application, the market is segmented by wrist wear,
eye wear, foot wear, body wear and others. All these segments have
also been estimated on the basis of geography in terms of revenue
(USD million).
For
better understanding of the wearable sensors market, we have given a
detailed analysis of the supply chain. A detailed Porter’s five
forces analysis has been given for a better understanding of the
intensity of the competition present in the market. Furthermore, the
study comprises a market attractiveness analysis, where the
applications are benchmarked based on their market scope, growth rate
and general attractiveness.
The
report provides company market share analysis of various industry
participants. The key players have also been profiled on the basis of
company overview, financial overview, business strategies and the
recent developments in the field of wearable sensors. Major market
participants profiled in this report include STMicroelectronics,
Texas Instrument, Freescale Semiconductor Inc. and InvenSense, among
others.
Wearable
Sensors Market: By geography
- North America
- Europe
- Asia Pacific
- Rest of the World
Wearable
sensors Market: By product type
- Motion sensors
- Pressure sensors
- Temperature sensors
- Image sensors
- Position sensors
- Medical based sensors
- Others
Wearable
sensors Market: By application
- Wrist wear
- Eye wear
- Foot wear
- Body wear
- Others
The
report provides a cross-sectional analysis of all the above segments
with respect to the following regions:
- North America
- Europe
- Asia Pacific (APAC)
- Rest of the World (RoW)
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All Semiconductor & Electronics Market Research
Reports @
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