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US Wearable Sensors Market (2022-2027) by Type, Device, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

  • ID: 5585782
  • Report
  • March 2022
  • Region: United States
  • 180 Pages
  • Infogence Global Research

FEATURED COMPANIES

  • Adidas
  • AMS AG
  • Analog Devices Inc
  • Asahi Kasei Corp
  • Broadcom Ltd
  • Knowles Electronics LLC
The US Wearable Sensors Market is estimated to be USD 147 Mn in 2022 and is projected to reach USD 433.91 Mn by 2027, growing at a CAGR of 24.17%.



Market dynamics are forces that impact the prices and behaviors of the US Wearable Sensors Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The US Wearable Sensors Market is segmented based on Type, Device, and Vertical.
  • By Type, the market is classified into Accelerometer, Gyroscope, Optical, Force & Pressure, Inertial Sensor, Temperature, Magnetometers, Medical Based Sensors, and Others.
  • By Device, the market is classified into Smart Watch, Fitness Band, Smart Glasses, Smart Fabric, Smart Footwear, and Other Wearable.
  • By Vertical, the market is classified into Consumer, Defense, Healthcare, Industrial, and Others.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Adidas, AMS AG, Analog Devices Inc, Asahi Kasei Corp, Bosch Sensortec GmbH (Robert Bosch GmbH), etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the US Wearable Sensors Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the US Wearable Sensors Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the US Wearable Sensors Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the US Wearable Sensors Market

What is the estimated value of the US Wearable Sensors Market?

The US Wearable Sensors Market was estimated to be valued at $147.0 Million in 2022.

What is the growth rate of the US Wearable Sensors Market?

The growth rate of the US Wearable Sensors Market is 24.1%, with an estimated value of $433.9 Million by 2027.

What is the forecasted size of the US Wearable Sensors Market?

The US Wearable Sensors Market is estimated to be worth $433.9 Million by 2027.

Who are the key companies in the US Wearable Sensors Market?

Key companies in the US Wearable Sensors Market include Adidas, AMS AG, Analog Devices Inc, Asahi Kasei Corp, Bosch Sensortec GmbH (Robert Bosch GmbH), Broadcom Ltd, Freescale Semiconductor Inc, Knowles Electronics LLC and Panasonic Corp.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Adidas
  • AMS AG
  • Analog Devices Inc
  • Asahi Kasei Corp
  • Broadcom Ltd
  • Knowles Electronics LLC

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Miniaturization Trend in Sensors
4.1.2 Mounting Benefits of Wearable Devices in the Healthcare Sector
4.1.3 Growing Interest of Tier I Players in Wearable Ecosyste
4.1.4 Growing Trend Toward Smart Living among End Users
4.2 Restraints
4.2.1 Lack of Common Standards and Interoperability Issues
4.2.2 High Cost of Wearable Products
4.2.3 Regulatory Issues
4.2.4 Concerns Regarding Security and Privacy
4.3 Opportunities
4.3.1 Increasing Number of Connected Devices
4.3.2 Potential Applications with Respect to Wearable Technology
4.4 Challenges
4.4.1 Technical Difficulties Related to Hardware and Software
4.4.2 Device Protection and Thermal Consideration
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 US' Wearable Sensors Market, By Type
6.1 Introduction
6.2 Accelerometer
6.3 Gyroscope
6.4 Optical
6.5 Force & Pressure
6.6 Inertial Sensor
6.7 Temperature
6.8 Magnetometers
6.9 Medical Based Sensors
6.10 Others
7 US' Wearable Sensors Market, By Device
7.1 Introduction
7.2 Smart Watch
7.3 Fitness Band
7.4 Smart Glasses
7.5 Smart Fabric
7.6 Smart Footwear
7.7 Other Wearable
8 US' Wearable Sensors Market, By Vertical
8.1 Introduction
8.2 Consumer
8.3 Defense
8.4 Healthcare
8.5 Industrial
8.6 Others
9 Competitive Landscape
9.1 Competitive Quadrant
9.2 Market Share Analysis
9.3 Strategic Initiatives
9.3.1 M&A and Investments
9.3.2 Partnerships and Collaborations
9.3.3 Product Developments and Improvements
10 Company Profiles
10.1 Adidas
10.2 AMS AG
10.3 Analog Devices Inc
10.4 Asahi Kasei Corp
10.5 Bosch Sensortec GmbH (Robert Bosch GmbH)
10.6 Broadcom Ltd
10.7 Freescale Semiconductor Inc
10.8 Knowles Electronics LLC
10.9 NXP Semiconductors NV
10.10 Panasonic Corp
10.11 STMicroelectronics
10.12 Sensirion AG
10.13 Texas Instruments Inc
11 Appendix
11.1 Questionnaire
Note: Product cover images may vary from those shown
  • Adidas
  • AMS AG
  • Analog Devices Inc
  • Asahi Kasei Corp
  • Bosch Sensortec GmbH (Robert Bosch GmbH)
  • Broadcom Ltd
  • Freescale Semiconductor Inc
  • Knowles Electronics LLC
  • NXP Semiconductors NV
  • Panasonic Corp
  • STMicroelectronics
  • Sensirion AG
  • Texas Instruments Inc
Note: Product cover images may vary from those shown