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The global wearable sensors market size reached approximately USD 3.32 billion in 2023. The market is projected to grow at a CAGR of 16.6% between 2024 and 2032, reaching a value of around USD 13.20 billion by 2032.
Wearable sensors are electronic devices that are worn on the body or integrated into clothing or accessories to collect various types of data from the wearer's body devices. These devices track and analyse physical, chemical, and environmental parameters. They are capable of real-time information tracking and take the non-invasive approach.
Moreover, research activities aimed at developing AI brain-reading wearable devices can uncover further development opportunities for the market. For instance, the Neuralink brain chip interface has received approval from the United States Food and Drug Administration to conduct clinical trials on humans.
Based on product type, the market is segmented into temperature sensor, image sensor, motion sensor, pressure sensor, position sensor, and medical-based sensors, among others. The wearable sensors market segmentation, based on application, includes body wear, wrist wear, eye wear, and foot wear, among others.
Based on end use, the market is divided into consumer goods, healthcare, and industrial, among others. The major regional markets for wearable devices are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global wearable sensors market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
Wristwear sensors are expected to hold a majority of the wearable sensors market share, owing to their wide usage among the masses and athletes. These types of sensors are gaining popularity due to their ability to provide easy access to vital information. The segment value is likely to further multiply with the implementation of additional features such as proximity sensors, blood oxygen monitoring, and GPS (Global Positioning System), among others, in such sensors.
According to the wearable sensors market analysis, North America is expected to show significant growth during the market forecast period. One of the key market drivers is the continuous launch of technologically advanced and innovative wearable sensors. Additionally, the increasing consumer demand and growing utilisation of wearable sensors in medical applications are expected to further propel the expansion of the market in North America in the forecast period.
Robert Bosch GmbH is a major multinational engineering and technology company headquartered in Gerlingen, Germany. It was founded in 1886 by Robert Bosch, and it has since become one of the world's leading providers of various products and services. It is one of the major providers of IoT services for smart homes, industry 4.0, and connected mobility.
Google LLC is one of the most prominent technology companies in the world and specialises in Internet-related services and products. The company was founded in 1998 and has extensive expertise in various fields including computer software, search engine technology, cloud technology, and consumer electronics.
STMicroelectronics N.V. is one of the largest suppliers and manufacturers of semiconductors and electronics. The company was founded in the year 1987 and since its establishment, it has cultivated expertise in various technologies such as MEMS & Sensors, microcontrollers, smart power, and semiconductors, among others.
Other wearable sensors market players include Infineon Technologies AG, Texas Instruments Incorporated, TE Connectivity Ltd., Analog Devices, Inc., TDK Corporation, Ams-OSRAM AG, Panasonic Corporation, and NXP Semiconductors N.V., among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Application |
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Breakup by End Use |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Wearable Sensors Market Analysis
8.1 Key Industry Highlights
8.2 Global Wearable Sensors Historical Market (2018-2023)
8.3 Global Wearable Sensors Market Forecast (2024-2032)
8.4 Global Wearable Sensors Market by Product Type
8.4.1 Temperature Sensor
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Image Sensor
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Motion Sensor
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Pressure Sensor
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Position Sensor
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Medical Based Sensors
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Others
8.5 Global Wearable Sensors Market by Application
8.5.1 Body Wear
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Wrist Wear
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Eye Wear
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Foot Wear
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Wearable Sensors Market by End Use
8.6.1 Consumer Goods
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Healthcare
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Industrial
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Others
8.7 Global Wearable Sensors Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Wearable Sensors Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Wearable Sensors Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Wearable Sensors Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Wearable Sensors Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Wearable Sensors Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Robert Bosch GmbH
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Google LLC
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 STMicroelectronics N.V.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Infineon Technologies AG
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Texas Instruments Incorporated
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 TE Connectivity Ltd.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Analog Devices, Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 TDK Corporation
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Ams-OSRAM AG
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Panasonic Corporation
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 NXP Semiconductors N.V.
15.2.11.1 Company Overview
15.2.11.2 Product Portfolio
15.2.11.3 Demographic Reach and Achievements
15.2.11.4 Certifications
15.2.12 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Wearable Sensors Market: Key Industry Highlights, 2018 and 2032
2. Global Wearable Sensors Historical Market: Breakup by Product Type (USD Billion), 2018-2023
3. Global Wearable Sensors Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
4. Global Wearable Sensors Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Wearable Sensors Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Wearable Sensors Historical Market: Breakup by End Use (USD Billion), 2018-2023
7. Global Wearable Sensors Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8. Global Wearable Sensors Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Wearable Sensors Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Wearable Sensors Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Wearable Sensors Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Wearable Sensors Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Wearable Sensors Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Wearable Sensors Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Wearable Sensors Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Wearable Sensors Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Wearable Sensors Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Wearable Sensors Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Wearable Sensors Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Wearable Sensors Market Structure
In 2023, the market reached an approximate value of USD 3.32 billion.
The market is projected to grow at a CAGR of 16.6% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 13.20 billion by 2032.
The market is being driven by the rising awareness of fitness among people and advancements in sensor technology.
The major trends guiding the market are the integration of artificial intelligence and machine learning for real-time tracking and analysis in wearable sensors and the surging usage of wearable sensors in medical applications.
The major regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The different product types considered in the market report include temperature sensor, image sensor, motion sensor, pressure sensor, position sensor, and medical-based sensors, among others.
The key players in the market include Robert Bosch GmbH, Google LLC, STMicroelectronics N.V., Infineon Technologies AG, Texas Instruments Incorporated, TE Connectivity Ltd., Analog Devices, Inc., TDK Corporation, Ams-OSRAM AG, Panasonic Corporation, and NXP Semiconductors N.V., among others.
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