Wearable Sensor Market : Value Chain, Dynamics, Regional Outlook and Key Players 2014 - 2020
1. Wearable Sensor Market : Value Chain, Dynamics, Regional
Outlook and Key Players 2014 - 2020
Report Description
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
2. 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.
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
3. 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.
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market
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.
4. 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.
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.
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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).
6. 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.
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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
7. 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
8. • Image sensors
• Position sensors
• Medical based sensors
• Others
Wearable sensors Market: By application
• Wrist wear
• Eye wear
• Foot wear
• Body wear
• Others
9. 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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