Smart Gloves Market Report: Trends, Forecast and Competitive Analysis to 2030

Smart Gloves Market Trends and Forecast

The future of the global smart gloves market looks promising with opportunities in the healthcare, industrial, and fitness markets. The global smart gloves market is expected to reach an estimated $5.3 billion by 2030 with a CAGR of 9.1% from 2024 to 2030. The major drivers for this market are growing adoption of wearable technologies, increasing IoT and AI-based technology integration, and on-going technological advancements associated with smart gloves.

A more than 150-page report is developed to help in your business decisions.

Smart Gloves Market by Segment

The study includes a forecast for the global smart gloves market by usage, end use, and region.

Smart Gloves Market by Usage [Shipment Analysis by Value from 2018 to 2030]:

• Fitness Tracker
• Specific Health Monitoring Device
• Media and Connected Device
• Others

Smart Gloves Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Healthcare
• Industrial
• Fitness
• Others

Smart Gloves Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Smart Gloves Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies smart gloves companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the smart gloves companies profiled in this report include-

• Shenzhen Seekas Technology
• Flint Rehab
• Vandrico Solutions
• HaptX
• Dexta Robotics
• Saebo
• Blue Infusion Technologies
• Samsung Electronics
• Workaround

Smart Gloves Market Insights

Lucintel forecasts that specific health monitoring device is expected to witness highest growth over the forecast period.

Within this market, heathcare will remain the largest segment.

North America is expected to witness highest growth over the forecast period.

Features of the Global Smart Gloves market

Market Size Estimates: Smart gloves market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Smart gloves market size by enc use, usage, and region. in terms of value ($B).

Regional Analysis: Smart gloves market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different usage, end use, and region.s for the smart gloves market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the smart gloves market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1. What is the smart gloves market size?

Answer: The global smart gloves market is expected to reach an estimated $5.3 billion by 2030.

Q.2. What is the growth forecast for smart gloves market?

Answer: The global smart gloves market is expected to grow with a CAGR of 9.1% from 2024 to 2030

Q.3. What are the major drivers influencing the growth of the Smart Gloves Market?

Answer: The major drivers for this market are growing adoption of wearable technologies, increasing IoT and AI-based technology integration, and on-going technological advancements associated with smart gloves.

Q.4. What are the major segments for Smart Gloves Market?

Answer: The future of the global smart gloves market looks promising with opportunities in the healthcare, industrial, and fitness markets.

Q.5. Who are the key smart gloves market companies?

Answer: Some of the key smart gloves companies are as follows:

• Shenzhen Seekas Technology
• Flint Rehab
• Vandrico Solutions
• HaptX
• Dexta Robotics
• Saebo
• Blue Infusion Technologies
• Samsung Electronics
• Workaround

Q.6. Which smart gloves market segment will be the largest in future?

Answer: Lucintel forecasts that specific health monitoring device is expected to witness highest growth over the forecast period.

Q.7. In smart gloves market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period.

Q.8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the smart gloves market by usage (fitness tracker, specific health monitoring device, media & connected device, and others), end use (healthcare, industrial, fitness, and others), 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. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?