2021-2030 Analysis and Review Wearable Sensors Market

Wearable Sensors Market

Wearable Sensors Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021 – 2030

15-04-2022 REP-HC-139343 115 pages Format

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Global wearable sensors market is estimated to grow at a CAGR of 33.1% during forecast period (2022-2030). The market is expecting massive rise in the demand due to advancement in healthcare industries and the miniaturization of sensors. Further, the increasing adoption of Internet of Things (IoT) and augmented reality is the major factor triggering the wearable sensors market growth. IoT has a huge impact on various industry verticals such as manufacturing, healthcare, consumer goods and services etc. and wearable sensors market is growing due to adoption of IoT for more personalized experiences. The wearable devices such as fitness band, health tracker and IoT-driven monitoring devices help in tracking daily activities.

Healthcare Remains as the Most Dominating Application Segment in terms of Market Revenues

Global wearable sensors market has been segmented on the basis of type, application and vertical. The vertical segment is further segmented into consumer goods, healthcare and industrial. Healthcare segment is the dominating segment with a revenue share of 37.65% in 2021. Moreover, healthcare wearable sensor market is anticipated to grow at a highest CAGR of 34 % during the forecast period. Due to the ability of the wearable devices to track a person’s physical activity, biological signals such as heart rate, blood pressure etc. and versatility, portability offered by wearable devices, they have received a wide adoption in the healthcare. Furthermore, these devices have potential application in remote healthcare monitoring which is expected to give a foster growth opportunity in the healthcare wearable sensor market.

North America to Dominate in terms of Revenues and APAC in terms of Growth

Geographically, the global wearable sensors market has been segmented into North America, Europe, Asia Pacific and Rest of the World (ROW). North America is dominating market in global wearable sensors market with a revenue share of 37.75% in 2021. North America wearable sensor market is primarily driven by high disposable income per capita in US and Canada, high investment to the wearable tech startups coupled with rising adoption of wearable devices. Further, the presence of pool of companies such as Texas Instruments (US), Analog device Inc. (US), Knowles Electronics Llc (U.S.), Broadcom (US) that have captured a large share in global wearable sensor market that influences the growth of North America wearable sensor market. Moreover, Asia Pacific is anticipated to be the fastest growing region during the forecast period with a CAGR of 34.5%. Further, high investment in the company’s manufacturing wearable devices is also sorting to be the major driver for the growth of wearable sensor market in Asia Pacific.

Product Launch is The Most Adopted Strategy Among the Top Market Players

Product launch is the primary strategy adopted by the companies in the wearable sensor market. New and advanced products enable to enhance the company's visibility while competing effectively with the key competitors already present in the market. Partnership and collaboration remain as the secondary strategy adopted by the companies in the wearable sensor market. The intensity of competitive rivalry in wearable sensor market is expected to move from moderate to high over the forecast period 2022-2030. Technology advancement, increasing awareness of health and fitness, increasing usage of smart devices, and adoption of IOT (Internet of things) are some the factors fueling the wearable device market.

Historical & Forecast Period

This research report presents the analysis of each segment from 2020 to 2030 considering 2021 as the base year for the research. Compounded annual growth rate (CAGR) for each respective segment are calculated for the forecast period from 2021 to 2030.

Report Methodology

Market revenues and CAGR were derived from primary and secondary research. Both quantitative and qualitative trends were considered for extrapolation of market revenues. The derived market estimates were further validated from top down, bottom strategies and primary research. The scope of the market is limited to the following segments of product categories and region.

By Type (2020-2030; US$ Mn)

Accelerometers
Gyroscopes
Image sensors
Inertial sensors
Magnetometers
Medical based sensors
Microphones and micro speakers
Motion sensors
Pressure and force sensors
Temperature and humidity sensors
Touch sensors

By Application (2020-2030; US$ Mn)

Eyewear
Body wear
Footwear
Neckwear
Wrist wear
Vertical adopting wearable sensors include:
Consumer goods
Healthcare
Industrial

By Region (2020-2030; US$ Mn)

North America
Europe
Asia Pacific
Latin America
Africa

Global Impact of Covid-19 Segment (2020-2021; US$ Mn)

Pre Covid-19 situation
Post Covid-19 situation

Key questions answered in this report

What are the key market segments in current scenario and in the future by product categories?
What are the key market segments in current scenario and in the future by regions?
What is the key impact of Covid-19 over market revenues and market determinants in the global UAV drone market?
What are the primary and secondary macro and micro factors influencing the market growth currently and during the forecast period?
What are the primary and secondary macro and micro factors deterring the market growth currently and during the forecast period?
How to overcome the current market challenges and leverage the opportunities in each of the market segment?
Who are the key players in the operational predictive maintenance market and what are their key product categories and strategies?
What are the key strategies – mergers/acquisitions/R&D/strategic partnerships etc. that companies are deploying to enhance market revenues and growth.

Wearable Sensors Market - Table of Contents

Chapter 1. Preface

Chapter 2. Market Overview
2.1. Global Wearable Sensor Market: Evolution & Transition
2.2. Market Definition and Scope
2.3. Industry Structure
2.4. Total Market Analysis
2.4.1. Top 5 Findings
2.4.2. Top Opportunity Market
2.4.3. Top 5 Companies
2.4.4. Top Competitive Strategies
2.5. Estimation Analysis
2.6. Strategic Analysis
2.6.1. Porter Five Forces
2.6.1.1. Bargaining Power of Buyer
2.6.1.2. Bargaining Power of Supplier
2.6.1.3. Intensity of Competitive Rivalry
2.6.1.4. Threat of Substitute Products
2.6.1.5. Threat of New Entrants
2.6.2. See-Saw Analysis
2.6.3. Investment Vs. Adoption Model
2.6.4. 360 Degree Analysis
2.6.5. Consumer Analysis and Key Buying Criteria
2.7. Competitive Analysis
2.8. Strategic Recommendations & Key Conclusions

Chapter 3. Market Determinants
3.1. Market Drivers & Market Impact
3.2. Market Restraints & Market Impact
3.3. Market Opportunities
3.4. Market Challenges

Chapter 4. Global Wearable Sensors Market by Application, 2020-2030 ($ Million)
4.1. Market Definition and Scope
4.2. Decision Support Data Base and Estimation Methodology
4.3. Comparative Analysis Across Market Segments 2021 &2023
4.4. Opportunity Matrix
4.5. Market Segmentation by Application
4.5.1. Global Eyewear Market.3
4.5.1.1. Adoption Scenario and Market Determinants
4.5.1.2. Market Estimations and Forecasts 2020-2030 ($ Million)
4.5.1.3. Key Players and Key Products
4.5.1.4. Key Conclusion
4.5.2. Global Body Wear Market
4.5.2.1. Adoption Scenario & Market Determinants
4.5.2.2. Market Estimations and Forecasts 2020-2030 ($ Million)
4.5.2.3. Key Players and Key Products
4.5.2.4. Key Conclusion
4.5.3. Global Footwear Market
4.5.3.1. Adoption Scenario & Market Determinants
4.5.3.2. Market Estimations and Forecasts 2020-2030 ($ Million)
4.5.3.3. Key Players and Key Products
4.5.3.4. Key Conclusion
4.5.4. Global Neckwear Market
4.5.4.1. Adoption Scenario & Market Determinants
4.5.4. Market Estimations and Forecasts 2020-2030 ($ Million)
4.5.4.3. Key Players and Key Products
4.5.4.4. Key Conclusion

Chapter 5. Global Wearable Sensors Market by Type, 2020-2030 ($ Million)
5.1. Market Definition and Scope
5.2. Decision Support Data Base and Estimation Methodology
5.3. Comparative Analysis Across Market Segments 2021 &2023
5.5. Opportunity Matrix
5.5. Market Segmentation by Type
5.5.1. Global Accelerometers Market
5.5.1.1. Adoption Scenario and Market Determinants
5.5.1.2. Market Estimations and Forecasts 2020-2030 ($ Million)
5.5.1.3. Key Players and Key Products
5.5.1.5. Key Conclusion
5.5.2. Global Gyroscopes Market
5.5.2.1. Adoption Scenario & Market Determinants
5.5.2.2. Market Estimations and Forecasts 2020-2030 ($ Million)
5.5.2.3. Key Players and Key Products
5.5.2.5. Key Conclusion
5.5.3. Global Image Sensors Market
5.5.3.1. Adoption Scenario & Market Determinants
5.5.3.2. Market Estimations and Forecasts 2020-2030 ($ Million)
5.5.3.3. Key Players and Key Products
5.5.3.5. Key Conclusion
5.5.5. Global Inertial Sensors Market
5.5.5.1. Adoption Scenario & Market Determinants
5.5.5. Market Estimations and Forecasts 2020-2030 ($ Million)
5.5.5.3. Key Players and Key Products
5.5.5.5. Key Conclusion
5.5.5. Global Magnetometers Market
5.5.5.1. Adoption Scenario & Market Determinants
5.5.5. Market Estimations and Forecasts 2020-2030 ($ Million)
5.5.5.3. Key Players and Key Products
5.5.5.5. Key Conclusion
5.5.5. Global Medical Based Sensors Market
5.5.5.1. Adoption Scenario & Market Determinants
5.5.5. Market Estimations and Forecasts 2020-2030 ($ Million)
5.5.5.3. Key Players and Key Products
5.5.5.5. Key Conclusion
5.5.5. Global Microphones and Micro Speakers Market
5.5.5.1. Adoption Scenario & Market Determinants
5.5.5. Market Estimations and Forecasts 2020-2030 ($ Million)
5.5.5.3. Key Players and Key Products
5.5.5.5. Key Conclusion
5.5.5. Global Motion Sensors Market
5.5.5.1. Adoption Scenario & Market Determinants
5.5.5. Market Estimations and Forecasts 2020-2030 ($ Million)
5.5.5.3. Key Players and Key Products
5.5.5.5. Key Conclusion
5.5.5. Global Pressure and Force Sensors Market
5.5.5.1. Adoption Scenario & Market Determinants
5.5.5. Market Estimations and Forecasts 2020-2030 ($ Million)
5.5.5.3. Key Players and Key Products
5.5.5.5. Key Conclusion
5.5.5. Global Temperature and Humidity Sensors Market
5.5.5.1. Adoption Scenario & Market Determinants
5.5.5. Market Estimations and Forecasts 2020-2030 ($ Million)
5.5.5.3. Key Players and Key Products
5.5.5.5. Key Conclusion
5.5.5. Global Touch Sensors Market
5.5.5.1. Adoption Scenario & Market Determinants
5.5.5. Market Estimations and Forecasts 2020-2030 ($ Million)
5.5.5.3. Key Players and Key Products
5.5.5.5. Key Conclusion

Chapter 6. Competitive Landscape
6.1. Key Strategies
6.1.1. List of Product Launch
6.1.2. List of Merger & Acquisition
6.1.3. List of Partnership & Collaboration
6.1.4. List of Joint Venture

Chapter 7. North America Wearable Sensors Market, 2020-2030, ($ Million)
7.1. Market Overview
7.2 Segmentation Analysis by Region 2020-2030 ($Million)
7.2.1. United States
7.2.2. Canada

Chapter 8. UK & European Wearable Sensors Market, 2020-2030, ($ Million)
8.1. Market Overview
8.2. Segmentation Analysis by Region 2020-2030 ($ Million)
8.2.1. United Kingdom
8.2.2. France
8.2.3. Germany
8.2.4. Russia
8.2.5. Rest of Europe

Chapter 9. Asia-Pacific Wearable Sensors Market, 2020-2030, ($ Million)
9.1. Market Overview
9.2. Segmentation Analysis by Region 2020-2030 ($Million)
9.2.1. China
9.2.2. India
9.2.3. Japan
9.2.4. Australia
9.2.5. Rest of Asia-Pacific

Chapter 10. ROW Wearable Sensors Market, 2020-2030, ($ Million)
10.1. Market Overview
10.2. Segmentation Analysis by Region 2020-2030 ($ Million)
10.2.1. Latin America
10.2.2. Middle East & Africa

Chapter 11. Company Profiles
11.1. Austria Mikro Systeme (AMS AG)
11.2. Analog Device Inc.
11.3. Asahi Kasei (Holding Company of Asahi Kasei Micro Devices Corporations)
11.4. Broadcom Limited
11.5. Infineon Technologies Ag
11.6. Knowles Electronics LLC (U.S.)
11.7. Mcube Inc.
11.8. NXP Semiconductors
11.9. Panasonic
11.10. Robert Bosch Gmbh
11.11. Sensirion Ag
11.12. St Microelectronics N.V.
11.13. Invensense, Inc. (Acquired by TDK Corporation)
11.14. TE Connectivity
11.15. Texas Instrument Incorporated

Wearable Sensors Market - List of Tables

Table 1 Investment Versus Adoption Model: Global Wearable Sensors Market by Types, 2021

Table 2 Driver Impact Analysis of Global Ventilator Market

Table 3 Restraints Impact Analysis of Global Ventilator Market

Table 4 Wearable Devices and Security Vulnerabilities

Table 5 Opportunity Impact Analysis On Wearable Sensors Market

Table 6 Potential Application of Wearable Sensors with in A Sector

Table 7 Challenge Impact Analysis On Wearable Sensors Market

Table 8 Global Motion Sensors Market by Geography 2020-2030 ($Million)

Table 9 Global Pressure and Force Sensors by Geography 2020-2030 ($Million)

Table 10 Global Temperature and Humidity Sensors by Geography 2020-2030 ($Million)

Table 11 Global Touch Sensors by Geography 2020-2030 ($Million)

Table 12 Global Wearable Sensors Market by Application 2020-2030 ($ Million)

Table 13 Global Eye Wear Market by Geography 2020-2030 ($Million)

Table 14 Global Bodywear Market by Geography 2020-2030 ($Million)

Table 15 Global Footwearmarket by Geography 2020-2030 ($ Million)

Table 16 Global Neckwearmarket by Geography 2020-2030 ($Million)

Table 17 Global Wearable Sensors by Vertical 2020-2030 ($ Million)

Table 18 Global Wearable Sensors Market 2020-2030 ($ Million)

Table 19 Europe Wearable Sensors Market 2020-2030 ($ Million)

Table 20 Asia-Pacific Wearable Sensors Market 2020-2030 ($ Million)

Table 21 Rest of World Wearable Sensors Market 2020-2030($Million)

Wearable Sensors Market - List of Figures

Figure 1 Global Wearable Sensors Market by Verticals 2020-2030 ($ Million)
Figure 2 Global Wearable Sensors Market Regional Analysis 2021-2023 (%)
Figure 3 North America Wearable Sensor Market 2020-2030 ($ Million)
Figure 4 Global Healthcare Market 2020-2030 ($ Million)
Figure 5 Global Wrist Wear Market 2020-2030 ($ Million)
Figure 6 Global Motion Sensor Market 2020-2030 ($ Million)
Figure 7 Asia Pacific Wearable Sensor Market 2020-2030 ($ Million)
Figure 8 Japan Wearable Sensor Market 2020-2030 ($ Million)
Figure 9 Global Body Wear Wearable Sensor Market 2020-2030 ($ Million)
Figure 10 Global Accelerometer Market 2020-2030 ($ Million)
Figure 11 Wearable Device Shipments of Top 5 Companies, 2021 (Million)
Figure 12 See Saw Analysis of Global Wearable Sensors Market
Figure 13 Global Wearable Sensors Market Share of Major Companies 2021
Figure 14 Investment Proposition for Global Wearable Sensors Market, 2021 (%)
Figure 15 Comparative Analysis Across Market Segments 2021 &2023 (%)
Figure 16 Number of Smart Phone Users Worldwide
Figure 17 U.S. Adults Owning Devices (%)
Figure 18 Global Motion Sensors Market 2020-2030 ($ Million)
Figure 19 Global Pressure and Force Sensors Market 2020-2030 ($ Million)
Figure 20 Global Temperature and Humidity Sensors Market 2020-2030 ($ Million)
Figure 21 Global Touch Sensors Market 2020-2030 ($ Million)
Figure 22 Comparative Analysis Across Market Segments 2021 & 2023 (%)
Figure 23 Global Eye Wear Market 2020-2030 ($ Million)
Figure 24 Global Body Wear Market 2020-2030 ($ Million)
Figure 25 Global Footwear Market 2020-2030 ($ Million)
Figure 26 Global Neckwear Market 2020-2030 ($ Million)
Figure 27 United States Wearable Sensors Market 2020-2030 ($ Million)
Figure 28 Canada Wearable Sensors Market 2020-2030 ($ Million)
Figure 29 United Kingdom Wearable Sensors Market 2020-2030 ($ Million)
Figure 30 France Wearable Sensors Market 2020-2030 ($ Million)
Figure 31 Germany Wearable Sensors Market 2020-2030 ($ Million)
Figure 32 Spain Wearable Sensors Market 2020-2030 ($ Million)
Figure 33 Rest of Europe Wearable Sensors Market 2020-2030 ($ Million)
Figure 34 China Wearable Sensors Market 2020-2030 ($ Million)
Figure 35 India Wearable Sensors Market 2020-2030 ($ Million)
Figure 36 Japan Wearable Sensors Market 2020-2030 ($ Million)
Figure 37 Australia Wearable Sensors Market 2020-2030 ($ Million)
Figure 38 Rest of Asia-Pacific Wearable Sensors Market 2020-2030 ($ Million)
Figure 39 Latin America Wearable Sensors Market 2020-2030($Million)
Figure 40 Middle East & Africa Wearable Sensors Market 2020-2030 ($Million)