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Wearable Device Manufacturing in the US - Industry Market Research Report

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    Report

  • 79 Pages
  • August 2024
  • Region: United States
  • IBISWorld
  • ID: 5692084

New Update: Industry Profit Will Likely Remain Suppressed Due to High Spending on Research and Development

The Wearable Device Manufacturing industry produces many smart wearable devices like smartwatches, wristbands, and smart glasses. The industry is in the very early stage of its life cycle, characterized by high research and development expenditures and strong growth in the number of new entrants. However, unlike other growing industries, import penetration has increasingly challenged this industry. To stay competitive, most companies engaged in developing wearable devices offshore or outsource production abroad. Companies that manufacture wearable devices abroad are excluded from this industry. In contrast, manufacturers included in this industry tend to be relatively large domestic companies with extensive economies of scale, like Qualcomm Inc. and Garmin Ltd. Companies in this industry manufacture smart electronic devices that can be incorporated into clothing or worn on the body. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Garmin Ltd.
  • Qualcomm Inc.

Methodology

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