Wearable Sensors Market Worth $4.14B Forecasts from 2016 to 2021
July 11, 2016 | Business WireEstimated reading time: 1 minute
Research and Markets has announced the addition of the "Wearable Sensors Market - Forecasts from 2016 to 2021" report to their offering.
Wearable sensors market is expected to grow from US$0.563 billion in 2015 to US$4.149 billion in 2021, at a compound annual growth rate of 39.50% over the forecast period.
Other key factors which have augmented the demand for these sensors are advancement in sensor technologies, multiple channels of wireless communication and longer battery life of the wearables. These sensors have found major application across healthcare sector and are being implemented actively for different applications like monitoring heart rate, pulse, body temperature, calories burnt among various other parameters.
Personalized and remote health monitoring has also impacted the demand for these sensors with new form of devices being commercialized or, are in research and development phase. Even though, the demand of these sensors is growing exponentially; high power usage, privacy and security concerns are some of the factors restraining the market growth.
First section of the report deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.
Next section provides comprehensive market dynamics through an overview section along with growth drivers, challenges and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the product specifications and a brief technological aspect of wearable sensors. Complete industry analysis has also been covered through Porter's five forces model as a part of this report section.
Thirdly, Wearable Sensors market has been segmented on the basis of type, application and end users. Under major product types Image Sensors, Position Sensors, Pressure Sensors, Inertial Sensors, and Motion Sensors among others have been covered, while by application this market has been segmented into Smart Clothing, Bodywear, Headwear, Wristwear and Others. End users of these sensors are Healthcare Enterprises, Consumers and Industrial users; detailed comprehensive forecast with analysis has also been covered as part of this section.
Key industry participants which have been profiled as part of this section are NXP Semiconductors, STMicroelectronics, Texas Instruments, Infineon Technologies and Analog Devices along with several other players.
Suggested Items
The New Chapter: Attracting ‘Generation Green’
03/28/2024 | Hannah Grace & Paige Fiet -- Column: The New ChapterIn the electronics industry, we talk a lot about sustainability in terms of recruitment and retention of the next generation of engineers. But what if the key to sustaining the industry long into the future is through the more common definition of the word? What if, for just a moment, we think about sustainability in terms of the environment and what we as an industry are doing to care for it? Because, if you weren’t aware, Gen Z cares tremendously about the environment and the actions companies are taking to preserve it. Without Gen Z joining the electronics industry’s workforce, we won’t be able to sustain the industry for much longer.
Accenture Invests in Sanctuary AI to Bring AI-Powered, Humanoid Robotics to Work Alongside Humans
03/27/2024 | BUSINESS WIREAccenture has made a strategic investment, through Accenture Ventures, in Sanctuary AI, a developer of humanoid general-purpose robots that are powered by AI and can perform a wide variety of work tasks quickly, safely and effectively.
Don Dennison Appointed to Roll Out KIC’s Latest Thermal Analysis System Software in the Northeast
03/26/2024 | KICKIC, a renowned pioneer in thermal process and temperature measurement solutions for electronics manufacturing, is pleased to announce the appointment of PIT Equipment Services, LLC, led by Don Dennison, as its representative for New York, New Jersey, and Eastern Pennsylvania.
iNEMI/IPC White Paper on Complex Integrated Systems Highlights Future Technology and Manufacturing Ecosystem Needs
03/25/2024 | IPCToday’s system solutions combine more varied functionality, such as digital, analog, optical, micro-mechanical, etc., packed into smaller form factors. As a result, electronics manufacturing has to deliver increasingly complex integration of diverse technologies with system designs that blur the distinction between chip, package, board, and assembly.
Seeking Employment: Meet Gary Turner
03/25/2024 | Barry Matties, I-Connect007Meet Gary Turner, a recent graduate from the University of Texas at Dallas with a bachelor’s degree in mechanical engineering and a master’s in material science and engineering. He is currently seeking employment in the industry. The following interview will allow you to learn about Gary and see if he might be a good candidate for a position you are looking to fill.