Wearable Sensors Market to 2026: Growth Analysis by Manufacturers, Regions, Types and Applications

The Wearable Sensors market is expected to reach USD 4,281 million by 2026 from USD 252 million in 2017, at a CAGR of 37.4%.

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.

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Major Key Player in Global Market:-

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.)

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)

mCube, Inc. (U.S.)

ams AG (Austria)

ARM Holdings Plc. (U.K)

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.

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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

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.

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
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• France
• Italy
• Rest of Europe
• Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
• Latin America
• Brazil
• Rest of Latin America

Middle East and Africa.

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Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.