The global electronic skin market was valued at $464.04 million in 2020, and is estimated to reach $1,719.38 million by 2025, growing at a CAGR of 38.70% from 2021 to 2025. Electronic skin is an artificial, stretchable, and flexible electronic material, which senses various parameters such as external & internal temperature, pressure, or others. The global electronic skin market is expected to witness significant growth in the future, owing to rise in purchasing power and strong economy across the globe.
The LAMEA electronic skin market is expected to register the highest CAGR during the forecast period, due the increased investment on wearable technology and rise in government initiatives in the field robotics across various nations.
The electronic skin market is segmented based on application and geography. The applications covered in the study include personal healthcare monitoring, wearable technology, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the report include MC10, Xensio, Rotex Inc. Intelesens ltd, Immageryworks Pty Ltd, Dialog Devices Limited, SmartLifeinc Limited, Xenoma Inc., Plastic electronic GmbH, and VivaLnK, Inc. The report presents analysis on the key strategies adopted by these players and the detailed analysis of the current trends, upcoming opportunities, and restraints of the electronic skin market.
KEY BENEFITS FOR STAKEHOLDERS
In-depth analysis and dynamics of the electronic skin market is provided to understand the market scenario.
Quantitative analysis of the current trends and future estimations from 2020 to 2025 is provided to assist strategists and stakeholders to capitalize on the prevailing market opportunities.
Porter’s Five Forces analysis examines the competitive structure and provides a clear understanding of the factors that influence market entry and expansion.
A detailed analysis of the geographical segments enables the identification of profitable segments for market players.
Comprehensive analysis of the trends, subsegments, and key revenue pockets of the market is provided.
KEY MARKET SEGMENTS
By Application
Periodic Healthcare Monitoring
Wearable Technology
Others
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
The LAMEA electronic skin market is expected to register the highest CAGR during the forecast period, due the increased investment on wearable technology and rise in government initiatives in the field robotics across various nations.
The electronic skin market is segmented based on application and geography. The applications covered in the study include personal healthcare monitoring, wearable technology, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the report include MC10, Xensio, Rotex Inc. Intelesens ltd, Immageryworks Pty Ltd, Dialog Devices Limited, SmartLifeinc Limited, Xenoma Inc., Plastic electronic GmbH, and VivaLnK, Inc. The report presents analysis on the key strategies adopted by these players and the detailed analysis of the current trends, upcoming opportunities, and restraints of the electronic skin market.
KEY BENEFITS FOR STAKEHOLDERS
In-depth analysis and dynamics of the electronic skin market is provided to understand the market scenario.
Quantitative analysis of the current trends and future estimations from 2020 to 2025 is provided to assist strategists and stakeholders to capitalize on the prevailing market opportunities.
Porter’s Five Forces analysis examines the competitive structure and provides a clear understanding of the factors that influence market entry and expansion.
A detailed analysis of the geographical segments enables the identification of profitable segments for market players.
Comprehensive analysis of the trends, subsegments, and key revenue pockets of the market is provided.
KEY MARKET SEGMENTS
By Application
Periodic Healthcare Monitoring
Wearable Technology
Others
By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: ELECTRONIC SKIN MARKET BY APPLICATION
CHAPTER 5: ELECTRONIC SKIN MARKET BY REGION
CHAPTER 6: COMPANY PROFILES
Executive Summary
According to a new report Electronic Skin Market by Application: Global Opportunities Analysis and Industry Forecast, 2020-2025, the Electronic skin market was valued at $464.04 million in 2020, and is projected to reach at $1,719.38 million by 2025, growing at a CAGR of 38.7% from 2021 to 2025.Electronic skin consists of stretchable network of sensors and flexible electronics, which are used in biometric prosthetics, intelligent robots, and others. It senses heat, pressure, temperature, and other influencing factors.
In 2020, wearable technology segment dominated the market, in terms of revenue, due to increased disposable income across various developing and developed nations.
North America is anticipated to be the highest revenue contributor to the electronic skin market in 2020, accounting for around 37.90% share, owing to rise in investment on robotics technology.
The report features a competitive scenario of the electronic skin market and provides a comprehensive analysis of key growth strategies adopted by the major players. The key players profiled in the study are MC10, Xensio, Rotex Inc. Intelesens ltd, Immageryworks Pty Ltd, Dialog Devices Limited, SmartLifeinc Limited, Xenoma Inc., Plastic electronic GmbH, and VivaLnK, Inc.
Key findings of the Electronic Skin Market:
Wearable technology segment is anticipated to generate the highest revenue in 2020, accounting for $186 million.
North America is expected to dominate the market, in terms of market share, during the forecast period.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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