Wearable Sensors Market Analysis Cheap Travis Konecny Hat , Growth Drivers, Trends, and Forecast Till 2022 by Miller@21 · June 13, 2019
According to the new market research report “Wearable Sensors Market by Type (Accelerometers, Magnetometers, Gyroscopes, Image Sensors, Inertial Sensors, Temperature & Humidity Sensors Cheap Ivan Provorov Hat , Pressure & Force Sensors, Touch Sensors and Motion Sensors), Application (Wristwear, Eyewear, Bodywear), Vertical, and Geography – Global Forecast to 2022″, The wearable sensors market is expected to grow from USD 189.4 Million in 2015 to USD 1,654.0 Million by 2022 Cheap Jakub Voracek Hat , at a CAGR of 30.14% between 2016 and 2022. The major factors driving the growth of the wearable sensors market include the increasing advancement toward smaller, smarter, and cheaper sensors, miniaturization trend in sensors, and mounting benefits of wearable devices in the healthcare sector.
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, 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 Cheap Shayne Gostisbehere Hat , position, shock, and vibration. They are widely used in smart watches and smart bands for tracking and navigation purposes.
Download PDF Brochure @ 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, 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 Cheap Claude Giroux Hat , 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, 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 Cheap Wayne Simmonds Hat , LLC. (U.S.), Analog Devices, Inc. (U.S.), Infineon Technologies AG (Germany), Asahi Kasei Corporation (Japan), Sensirion AG (Switzerland), InvenSense, Inc. (U.S.), Robert Bosch GmbH (Germany) Cheap Nolan Patrick Hat , Texas Instruments Incorporated (U.S.), Panasonic Corporation (Japan), mCube, Inc. (U.S.), ams AG (Austria), and ARM Holdings Plc. (U.K), among others.
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