Wearable Motion Sensors Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Accelerometers, Inertial Gyroscopes, MEMS); Application (Smart Watches, Fitness Bands, Activity Monitors, Smart Clothing, Sports Gear); End-User (Healthcare, Sports/Fitness, Consumer Electronics, Entertainment and Media, Government and Public Utilities) and Geography
Report Code: TIPRE00022924
| No. of Pages: 150
| Category: Electronics and Semiconductor
| Status: Upcoming
A motion sensor monitors an object's or a person's movement in relation to the surrounding environment. A wearable motion sensor that collect and store data about a person's movement, which may then be analyzed. It records a person's movements using accelerometers and gyroscopes. These wearable motion sensors can also used to track health and fitness of an individual. With advances in sensor technology, wireless communication devices/technology, power supply technology, and other areas, the wearable motion sensor market is expected to grow during the forecast period.
The "Global Wearable motion sensors Market Analysis to 2028" is a specialized and in-depth study of the Wearable motion sensors Market with a special focus on the global market trend analysis. The report aims to provide an overview of wearable motion sensors market with detailed market segmentation by type, application and end-user. The global wearable motion sensors market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading wearable motion sensors market player and offers key trends and opportunities in the wearable motion sensors market.
Based on type the market is segmented as, accelerometers, inertial gyroscopes and MEMs.
Based on application the market is segmented as, smart watches, fitness band, activity monitors, smart clothing and sports gear.
Based on end-user the market is segmented as, healthcare, sports/fitness, consumer electronics, entertainment and media, government and public utilities.
Technological advancements in sensor technology is likely to boot market growth during the forecast period.
Advances wireless communication devices/technology and power supply technology are likely to fuel market growth.
Ongoing miniaturization of sensors and its components, increasing growth toward the advanced function sensors in smart wearables devices, advances in the battery sizes as well as efficiency.
The wearable motion sensors market is restrained by stringent regulations for the data storage and high cost of wearable motion sensors.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global wearable motion sensors market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The wearable motion sensors market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting wearable motion sensors Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the wearable motion sensors market in these regions.
IMPACT OF COVID-19 ON WEARABLE MOTION SENSORS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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The reports cover key developments in the wearable motion sensors market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from wearable motion sensors market are anticipated to lucrative growth opportunities in the future with the rising demand for wearable motion sensors market. Below mentioned is the list of few companies engaged in the wearable motion sensors market.
The report also includes the profiles of key wearable motion sensors market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
Texas Instruments Incorporated
Analog Devices Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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The List of Companies
1. Texas Instruments Incorporated
2. Panasonic Corporation
4. Xsens DOT
5. Analog Devices Inc.
6. General Electric
10. NXP Semiconductors