The global wearable sensors market is projected to grow at a CAGR of 30% during 2019 to 2024. The growth of wearable sensors market is driven by miniaturization of sensors, aging population, and increasing trend of connected devices.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising potential, high-growth opportunities for the global wearable
sensors market by sensor type (accelerometers,magnetometers, gyroscopes,
inertial sensors, motion sensors, pressure and force sensors, temperature and
humidity sensors, microphones and microspeakers, medial-based sensors, image
sensors, touch sensors, and others), end use industry (consumer goods,
healthcare, industrial, and others), application (wristwear, eyewear, footwear,
neckwear, and bodywear), and region (North America, Europe, Asia Pacific, and
the Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the wearable sensors market?
Q.4 What are some
changing demands of customers in the wearable sensors market?
Q.5 What are the new
developments in the wearable sensors market? Which companies are leading these
developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this wearable sensors area and how big of
a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this wearable sensors market?
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Market Segmentation:
Based on sensor type,
the wearable sensors market is segmented into accelerometers, magnetometers,
gyroscopes, inertial sensors, motion sensors, pressure and force sensors,
temperature and humidity sensors, microphones and microspeakers, medial-based
sensors, image sensors, touch sensors, and others. The accelerometer segment
accounted for the largest share of the market in 2020 and is expected to
register the highest CAGR during the forecast period, due to the increasing
demand for smart watches and bands.
Key Players in the
wearable sensors market are Stmicroelectronics, Infineon Technologies AG, NXP
Semiconductors, Robert Bosch GmbH, Invensense, Inc., TE Connectivity Ltd.,
Sensirion AG, Texas Instruments Inc., Analog Devices, Inc., and Panasonic
Corporation.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/wearable-sensors-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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