Market Research Report
Asia Pacific Wearable Sensors Market - By Type (Health Sensors, Environmental Sensors, MEMS Sensors, Motion Sensors), Device (Wristwear, Bodywear and Footwear), Application, Geography, Trends, Forecast - (2017 - 2022)
|Published by||Mordor Intelligence LLP||Product code||393448|
|Published||Content info||94 Pages
Delivery time: 2-3 business days
|Asia Pacific Wearable Sensors Market - By Type (Health Sensors, Environmental Sensors, MEMS Sensors, Motion Sensors), Device (Wristwear, Bodywear and Footwear), Application, Geography, Trends, Forecast - (2017 - 2022)|
|Published: January 21, 2017||Content info: 94 Pages||
The Asia-Pacific Wearable Sensors Market is valued at USD 37.82 million in 2016 and is expected to reach a value of USD 370.38 million by the end of 2022, growing at a projected CAGR of 46.27% during the forecast period of 2017 - 2022.. Wearable sensors are embedded in wearable devices to monitor bodily activities which include blood pressure, body temperature and heart rate, which is driving the healthcare industry as it enables remote data access. The market is driven due to the rising awareness of health and fitness, where wearable sensors play a vital role. The falling price of the components used to manufacture the wearable sensors is making the wearable devices affordable. Increasing demand across various application sectors such as wearable technology for fitness, healthcare and security is driving the Asia Pacific wearable sensors market to grow lucratively.
The rising market of smartphones and tablets is enabling the integration of wearable devices with the smartphones. Wrist wear segment holds the majority of the market share and is anticipated to dominate the market during the forecast period. The introduction of smart watches from companies like Samsung, Sony and Nike among others has given a boost to this market. Asia Pacific region is estimated to be the fastest growing market for wearable sensors during the forecast period. The growth of wearable sensors market in this region is due to growing healthcare industry, consumer awareness towards health and fitness, coupled with technology and computing in daily life. The consumers of Japan, South Korea and China are fast adopters of new technology.
The Asia Pacific Wearable Sensors Market is segmented on the basis of Type (Motion, Inertial, Temperature, Health, Pressure, Image, and Others), & Industry (Healthcare, Consumer Applications, Sports/Fitness, Industrial, Entertainment & Media, and Others).
This report describes a detailed study of the Porter's five forces analysis of the market. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players which includes the key growth strategies and competition analysis.
The report also considers key trends that will impact the industry and profiles over 10 leading suppliers of Asia Pacific Wearable Sensors Market. Some of the top companies mentioned in the report are Infineon Technologies AG (Germany), Freescale semiconductor Inc. (U.S.), and Maxim Integrated Products Inc. (U.S.), Analog Devices Inc. (U.S.), Panasonic Corporation (Japan), Samsung (South Korea) and among others.
What the report offers