Wearable Sensors Market Shares Black Deadrin Senat Jersey , Growth and Opportunities Forecasts, 2022 by Miller@21 · October 22, 2018
The overall Wearable Sensors Market was valued at USD 189.4 million in 2015 and is expected to reach USD 1,654.0 million by 2022, growing at a CAGR of 30.14% between 2016 and 2022. The growth of this market is propelled by the increasing advancement toward smaller, smarter, and cheaper sensors, miniaturization trend in sensors Black Tevin Coleman Jersey , rising share of aging population, and mounting benefits of wearable devices in the healthcare sector. The market is further driven by advent of platforms such as IoT, AR, and M2M, growing interest of Tier I players in wearable ecosystem, and growing trend toward smart living among end users.
This report covers the wearable sensors market based on type, application, vertical Black Austin Hooper Jersey , and geography. In terms of type, pressure and force sensors are expected to hold a major market size during the forecast period. The growing usage of wearable devices such as smart watches and fitness bands is likely to drive the market for pressure and force sensors. These devices have created awareness among people to be fit and healthy by continuous monitoring of their health. Thus, pressure and force sensors are widely used in many sectors such as consumer electronics, medical, and healthcare for a variety of applications such as smart shoes and smart socks.
Download PDF聽 Brochure @ The market for the bodywear application is expected to grow at the highest rate between 2016 and 2022. Rapid changes in terms of manufacturing technology, innovation, and technical advancements in various industries are expected to drive the market for the bodywear application. The significant growth of the bodywear segment can be attributed to the growing popularity among the youth and the increasing need for continuous health monitoring and safety in sports and industrial sectors.
鈥淎ccelerometers expected to hold a major share of the wearable sensors market during the forecast period鈥?p> Accelerometers are among the major sensors used in the wearable sensors market. Some of the prominent applications of wearable technology for this sensor are in wearable devices such as wristwear, bodywear Black Deion Jones Jersey , and eyewear. The demand for wristwear in sectors such as medical, healthcare, and consumer electronics is more compared with other end-user industries. Accelerometer sensors are widely used to detect velocity, position, shock, and vibration. They are widely used in smart watches and smart bands for tracking and navigation purposes.
鈥淢arket for bodywear application expected to grow at the highest rate between 2016 and 2022鈥?p> The wearable sensors market for the bodywear application is expected to witness the highest growth rate between 2016 and 2022. These are widely used in consumer electronics, industrial, and medical sectors for various applications. The bodywear application consists of textiles embedded with sensors Black Keanu Neal Jersey , which is an emerging trend in the market. Bodywear offering works on fibertronics technology which integrates electronics and computational functionality into textile fabrics. They have attracted the emerging trend of techno-fashion clothing that brings sensors close to our skin for measuring various health and fitness parameters.
鈥淲earable sensors market in North America expected to grow at the highest rate during the forecast period鈥?p> Wearable sensors have a growing demand in North Americaowing to the increasing focus of the region toward industrial, consumer electronics, and healthcare sectors. In this study, the North Americanmarket has been segmented into Canada, Mexico, and the U.S. The APAC region is among the major markets for various sectors such as consumer electronics and industrial. Moreover, Europe is one of the potential markets for healthcare and industrial sectors as countries such as the U.K, Germany Black Sean Harlow Jersey , and France are actively trying to strengthen their position in these markets.
The major companies involved in the development of wearable sensors include NXP Semiconductors N.V. (Netherlands), STMicroelectronics N.V. (Switzerland), TE Connectivity Ltd. (U.S.), Broadcom Limited (U.S.), Knowles Electronics, LLC. (U.S.), Analog Devices, Inc. (U.S.) Black Duke Riley Jersey , Infineon Technologies AG (Germany), Asahi Kasei Corporation (Japan), Sensirion AG (Switzerland), InvenSense, Inc. (U.S.), Robert Bosch GmbH (Germany), Texas Instruments Incorporated (U.S.), Panasonic Corporation (Japan) Black Takkarist McKinley Jersey , mCube, Inc. (U.S.), ams AG (Austria), and ARM Holdings Plc. (U.K), among others.
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