US$294 billion worldwide wearable electronics industry by 2027

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Global wearable electronics market

Global wearable electronics market

Global wearable electronics market

Dublin, September 12, 2022 (GLOBE NEWSWIRE) – The Wearable Electronics Market: Global Industry Trends, Participation, Size, Growth, Opportunities and Forecast 2022-2027 Report added to Show.

The global wearable electronics market has reached US$ 97.7 billion in 2021. Looking ahead, the publisher expects the market to reach US$ 294.2 billion by 2027, with a compound annual growth rate of 20.17% during the period 2021-2027. Taking into account the uncertainties related to COVID-19, we are tracking and evaluating the direct and indirect impact of the pandemic on various end-use sectors. These insights are included in the report as a major contributor to the market.

Wearable electronics refers to smart devices that users can wear on the body to enhance their daily activities. They are integrated computing devices that allow users to wireless networking and mobile computing.

Wearable electronic devices have strong potential in any industry where hands-free data collection is valuable. However, healthcare applications are the biggest drivers of these products. Wearable electronic devices enable users to efficiently monitor their health and activity. These devices can continuously measure users’ vital signs, sleep quality, and step count effortlessly and accurately. These devices can also monitor the physiological data of patients with chronic diseases and can enable timely clinical interventions.

These products can also be used for early detection of symptoms in a patient’s health status, enabling timely medical interventions. Other healthcare applications of wearable electronics include safety monitoring (to detect falls, seizures, and heart problems) or improving life, using sensor technology used in conjunction with interactive games, virtual reality environments, and augmented feedback systems.

Aside from healthcare, there are a number of other applications that are also driving up the demand for wearable electronic devices. These products enable users to exercise more efficiently, enable them to keep their children safe, enhance personal accountability and help individuals be more productive at home and in the workplace.

Competitive scene:

The competitive landscape of the market has also been examined with some of the major players namely NuMetrex, Adidas, Apple Inc. and BAE Systems plc and CARRE TECHNOLOGIES INC. and Fitbit Service and Garmin Ltd. Google LLC, Aliph Brands LLC, Kopin Corporation, LG Electronics, OHMATEX A/S, OMsignal, Nike, Inc. and Recon Instruments Inc. and Rockwell Collins, Samsung Electronics, Seiko Epson Corporation, Sony Corporation, and Vuzix Corporation.

This report provides an in-depth look at the global Wearable Electronics Market covering all its fundamental aspects. This ranges from a comprehensive market overview to the minute details of industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must read for entrepreneurs, investors, researchers, consultants, business strategists and all those who have any type of equity or are planning to enter the wearable electronics market in any way.

Key questions answered in this report:

  • How has the global wearable electronics market performed so far and how will it perform in the coming years?

  • What are the key regional markets in the global Wearable Electronics Industry?

  • What is the impact of COVID-19 on the global wearable electronics industry?

  • What are the major product types in the global Wearable Electronics Industry?

  • What is the global wearable electronics market segmentation by components?

  • What are the key application segments in the global Wearable Electronics Industry?

  • What are the different stages in the value chain of the global wearable electronics market?

  • What are the key factors and challenges driving the global Wearable Electronics market?

  • What is the structure of the global Wearable Electronics market and who are the key players?

  • What is the degree of competition in the global Wearable Electronics market?

  • How are wearable electronics manufactured?

Main topics covered:

1 Introduction

2 Scope and methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key industry trends

5 Global wearable electronics market
5.1 Market Overview
5.2 Market Performance
5.2.1 Size trends
5.2.2 Value trends
5.3 Impact of COVID-19
5.4 Market breakdown by product
5.5 Market segmentation by component
5.6 Market Breakdown by Application
5.7 Market segmentation by region
5.8 Market Outlook
5.8.1 Size trends
5.8.2 Value Trends
5.9 SWOT Analysis
5.10 Value chain analysis
5.11 Porter’s Five Forces Analysis
5.12 Price Analysis

6 Market segmentation by product
6.1 smart bands
6.1.1 Market trends
6.1.2 Market Outlook
6.2 smart watches
6.2.1 Market trends
6.2.2 Market Outlook
6.3 Smart clothes
6.3.1 Market trends
6.3.2 Market Outlook
6.4 Smart glasses
6.4.1 Market trends
6.4.2 Market Outlook
6.5 Head-Mounted Monitors (HMD)
6.5.1 Market trends
6.5.2 Market Outlook

7 Market segmentation by component
7.1 Components of Networking and Positioning
7.1.1 Market trends
7.1.2 Market Outlook
7.2 Power Supply Components
7.2.1 Market trends
7.2.2 Market Outlook
7.3 Sensor Components
7.3.1 Market trends
7.3.2 Market Outlook
7.4 Components of Optoelectronics and Display
7.4.1 Market trends
7.4.2 Market Outlook
7.5 Control Components
7.5.1 Market trends
7.5.2 Market Outlook
7.6 Interface Components
7.6.1 Market trends
7.6.2 Market Outlook

8 Market Breakdown by Application
8.1 Healthcare applications
8.1.1 Market trends
8.1.2 Market Outlook
8.2 Consumer Applications
8.2.1 Market trends
8.2.2 Market Outlook
8.3 Sports and Fitness Apps
8.3.1 Market trends
8.3.2 Market Outlook
8.4 Industrial and Commercial Applications
8.4.1 Market trends
8.4.2 Market Outlook
8.5 Other
8.5.1 Market trends
8.5.2 Market Outlook

9 Market segmentation by region

10 wearable electronics manufacturing process
10.1 Product Overview
10.2 Requirements for raw materials
10.3 Manufacturing process
10.4 Key success factors and risks

11 Competitive Scene
11.1 Market Structure
11.2 The main players
11.3 Features of the main players
11.3.1 adidas NuMetrex
11.3.2 Apple Inc.
11.3.3 BAE Systems plc
11.3.5 Fitbit Service
11.3.6 Garmin Ltd.
11.3.7 Google LLC
11.3.8 Aliph Brands LLC
11.3.9 Cobain Company
11.3.10 LG Electronics
11.3.11 Umatex A/S
11.3.12 OM . signal
11.3.13 Nike Corporation
11.3.14 Recon Instruments Inc.
11.3.15 Rockwell Collins
11.3.16 Samsung Electronics
11.3.17 Seiko Epson
11.3.18 Sony Corporation
11.3.19 Vuzix Corporation

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