Global Wearable Sensors Market Size Is Projected To Exceed USD 4,281 million by 2026 says a new report by Polaris Market Research.
The global Wearable Sensors Market generated USD 252 million in 2017 and is anticipated to grow at a CAGR of 37.4% during the forecast period.
Wearable sensors are developed using micro-electromechanical systems (MEMS) to sense and report the physical properties of their local environment. These devices are designed to collect data about the physical and chemical properties of the user’s body to feed algorithms and create insightful information for the user. Wearable sensors are used in devices such as diving watch, fitness band, ski goggles, martial arts vest, and sleep monitoring devices among others.
Request to Sample of This Report @ https://www.polarismarketresearch.com/industry-analysis/wearable-sensors-market/request-for-free-sample
The demand for wearable sensors has increased owing to rising demand from the healthcare sector, growing demand for consumer devices, and increasing health concerns. The rising use of wearable sensors in consumer devices, and growing demand from the industrial sector has resulted in the wearable sensors market growth. The growing adoption of MEMS and NEMS technology, and connected devices has increased the demand for wearable sensors across the globe. Growing demand from emerging economies, development of smart technologies, increasing adoption of IoT, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Wearable Sensors Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.
North America generated the highest revenue in the market in 2017 owing the established healthcare sector, and increasing demand for fitness bands. The increasing demand from consumer electronics and wearables, along with growing development of smart technologies further boost the wearable sensors market growth in the region.
Competitive Landscape and Key Vendors
The global wearable sensors market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.
The leading companies in the wearable sensors market include Infineon Technologies AG, Texas Instruments Inc., Broadcom Limited, Asahi Kasei Microdevices Corporation, NXP Semiconductors N.V., Robert Bosch GmbH, Invensense, Inc., TE Connectivity Ltd., Knowles Electronics, LLC, and Panasonic Corporation.
Speak to Analyst to know more @ https://www.polarismarketresearch.com/industry-analysis/wearable-sensors-market/speak-to-analyst
Key Segments
Type
- Motion Sensors
- Gyroscopes
- Accelerometers
- Pressure and Force Sensors
- Touch Sensors
- Inertial Sensors
- Magnetometers
- Temperature and Humidity
- Medical-Based
- Others
Technology
- MEMS
- CMOS
- Others
Application
- Smart Watch
- Smart Fabric
- Smart Glasses
- Fitness Band
- Smart Footwear
- Others
End-User
- Consumer
- Healthcare
- Industrial
- Defense
- Others
Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
• Latin America
o Brazil
o Rest of Latin America
• Middle East and Africa
Browse Full Research Report with Table of Content @ https://www.polarismarketresearch.com/industry-analysis/wearable-sensors-market/
About us Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.
We mainly focus on aiding our customers with substantial competitive intelligence, helping them to secure a competitive advantage in the market and accomplish sustainable growth in different market domains. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Through dedicated qualitative and quantitative primary and secondary market research and consulting assignments, we adeptly formulate competitive strategies to address business challenges for our clients through analyzing market trends and emerging technologies.
Web: www.polarismarketresearch.com
Follow us- LinkedIn | Twitter | Facebook
Media Contact
Company Name: Polaris Market Research and Consulting
Contact Person: Mr.Neel
Email: Send Email
Phone: +1-646-568-9980
Address:30 Wall Street 8th Floor New York City, NY 10005 United States
City: New York
State: New York 10005
Country: United States
Website: https://www.polarismarketresearch.com/industry-analysis/wearable-sensors-market/