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市場調査レポート
商品コード
1467601

ウェアラブルエレクトロニクス市場レポート:製品、部品、用途、地域別、2024~2032年

Wearable Electronics Market Report by Product (Smart Bands, Smart Watches, Smart Clothing, Smart Glasses, Head Mounted Displays ), Component, Application, and Region 2024-2032

出版日: | 発行: IMARC | ページ情報: 英文 137 Pages | 納期: 2~3営業日

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価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=157.14円
ウェアラブルエレクトロニクス市場レポート:製品、部品、用途、地域別、2024~2032年
出版日: 2024年04月08日
発行: IMARC
ページ情報: 英文 137 Pages
納期: 2~3営業日
  • 全表示
  • 概要
  • 図表
  • 目次
概要

ウェアラブルエレクトロニクスの世界市場規模は、2023年に1,409億米ドルに達しました。今後、IMARC Groupは、2024~2032年にかけて17.5%の成長率(CAGR)を示し、2032年までに6,247億米ドルに達すると予測しています。医療用途での製品採用の拡大、慢性生活習慣病の有病率の上昇、スマートフォンの介在率の上昇、インターネット普及率の上昇などが、市場を推進する主要要因となっています。

ウェアラブルエレクトロニクスは、アクセサリーや衣服として身体に装着するように設計されたデバイスや技術です。小型化された電子部品やセンサーが組み込まれており、さまざまな機能やデータ追跡機能を記載しています。一般的なウェアラブルエレクトロニクスには、スマートウォッチ、フィットネストラッカー、拡大現実(AR)メガネ、スマートウェアなどがあります。これらのデバイスは、健康パラメーターをモニターし、身体活動を追跡し、通知を表示し、通信機能を提供し、没入型のデジタル体験を提供することができます。技術の進歩に伴い、ウェアラブルエレクトロニクスはよりコンパクトでスタイリッシュになり、日常生活にシームレスに組み込むことができるようになりました。

フィットネス機器や健康モニタリング機器に対する消費者の需要の高まりは、予測期間中の市場の成長を刺激すると考えられます。フィットネストラッカーやスマートウォッチなどのウェアラブル電子機器は、ユーザーの身体活動、心拍数、睡眠パターン、その他の健康パラメータに関するリアルタイムのデータを提供し、全体的な健康を管理する力をユーザーに与えます。さらに、スポーツや陸上競技などの産業でウェアラブルエレクトロニクスの採用が増加していることは、これらのデバイスがアスリートやコーチにパフォーマンス指標に関する貴重な洞察を提供し、トレーニングを最適化して運動能力を高めることを可能にするためであり、市場の成長に寄与しています。これとは別に、センサー技術、小型化、バッテリー寿命の数多くの進歩により、ウェアラブルデバイスはより効率的でユーザーフレンドリーなものとなり、より幅広い消費者層を惹きつけ、市場成長を促進しています。さらに、ウェアラブルエレクトロニクスがスマートフォンやその他のスマート・デバイスと大規模に統合されたことで、複数のデバイスとのシームレスな接続や同期が可能になり、市場成長の起爆剤となっています。

ウェアラブルエレクトロニクス市場の動向と促進要因:

健康とフィットネスに対する意識の高まり

個人の間で健康とフィットネスへの関心が高まっていることが、ウェアラブルエレクトロニクス市場の大きな促進要因となっています。個人の健康への関心が高まるにつれ、人々は自分の健康をモニターし改善する方法を積極的に求めるようになっています。フィットネストラッカー、スマートウォッチ、スマートウェアなどのウェアラブルデバイスは、心拍数、睡眠パターン、消費カロリー、身体活動レベルなど、複数の健康パラメータに関するリアルタイムデータをユーザーに記載しています。これらのデバイスによって、ユーザーは自分の進捗状況を追跡し、フィットネス目標を設定し、ライフスタイルや運動ルーチンに関して十分な情報に基づいた決定を下すことができます。実用的な洞察を提供し、健康的な行動を促すことで、個人が自分の健康を管理できるようになります。これとは別に、ウェルネスプログラムやフィットネスチャレンジの人気の高まり、ソーシャルメディアの影響力の増大、企業のウェルネスイニシアチブにおけるウェアラブルデバイスの統合は、ウェアラブルエレクトロニクスの需要をさらに活性化させると考えられます。

技術の進歩と製品の小型化

技術の絶え間ない進歩は、ウェアラブルエレクトロニクス市場の成長を後押ししています。部品の小型化が進み、センサー技術が向上し、バッテリー寿命が延びたことで、ウェアラブルデバイスは小型化、効率化、ユーザーフレンドリー化が進みました。軟質ディスプレイ、生体認証センサー、高度な接続オプションなどの技術革新は、ウェアラブルエレクトロニクスの機能と性能をさらに拡大し、消費者にとってより魅力的なものとなっています。こうした技術の進歩は、洗練されたスタイリッシュなデザインの開発にも貢献しており、ファッション性の高いアクセサリーとして受け入れられています。さらに、人工知能(AI)と機械学習(ML)アルゴリズムの統合により、ウェアラブル機器は個々のデータパターンに基づき、より正確でパーソナライズされた洞察を提供できるようになりました。

ウェアラブルエレクトロニクスとスマートエコシステムの統合

ウェアラブルエレクトロニクスとスマートフォン、インテリジェントホームデバイス、その他の相互接続エコシステムとのシームレスな統合が、市場の成長を促進しています。ウェアラブルデバイスは、複数のデバイスとの接続性と同期性を強化し、ユーザーが外出先から情報にアクセスして管理できるようにします。ウェアラブル端末は既存のスマートエコシステムと容易に統合でき、端末間でデータや通知がスムーズに移行するため、シームレスなユーザー体験を促進します。この統合により、ユーザーは通知を受け取り、スマートデバイスを制御し、ウェアラブルデバイスから直接関連情報にアクセスすることができます。ウェアラブル電子機器は、相互接続されたスマート環境における貴重なデータ収集ポイントとして機能するため、ユーザーの利便性と効率性を向上させる包括的なエコシステムの開発に大きく貢献します。ウェアラブルエレクトロニクスがスマートエコシステムに広く統合されることで、付加価値が増し、アプリケーションの幅が広がるため、市場の成長が促進され、医療、ホームオートメーション、パーソナライズドサービスなどの新しいセグメントにおける革新的な使用事例に道が開かれます。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査目的
  • 利害関係者
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要産業動向

第5章 ウェアラブルエレクトロニクスの世界市場

  • 市場概要
  • 市場実績
    • 数量動向
    • 金額動向
  • COVID-19の影響
  • 市場内訳:製品別
  • 市場内訳:部品別
  • 市場内訳:用途別
  • 市場内訳:地域別
  • 市場予測
    • 数量動向
    • 金額動向
  • SWOT分析
    • 概要
    • 強み
    • 弱み
    • 機会
    • 脅威
  • バリューチェーン分析
    • 概要
    • 研究開発
    • 原料調達
    • 製造
    • マーケティング
    • 流通
    • 最終用途
  • ポーターのファイブフォース分析
    • 概要
    • 買い手の交渉力
    • 供給企業の交渉力
    • 競合の程度
    • 新規参入業者の脅威
    • 代替品の脅威
  • 価格分析

第6章 市場内訳:製品別

  • スマートバンド
  • スマートウォッチ
  • スマート衣料
  • スマートグラス
  • ヘッドマウントディスプレイ(HMD)

第7章 市場内訳:部品別

  • ネットワーキング&ポジショニング部品
  • 電源部品
  • センシング部品
  • オプトエレクトロニクスとディスプレイ部品
  • 制御部品
  • インターフェース部品

第8章 市場内訳:用途別

  • 医療アプリケーション
  • コンシューマー市場
  • スポーツ・フィットネス用途
  • 産業・商業用途
  • その他

第9章 市場内訳:地域別

  • 北米
  • 欧州
  • アジア太平洋
  • 中東・アフリカ地域
  • ラテンアメリカ

第10章 ウェアラブルエレクトロニクス製造プロセス

  • 製品概要
  • 原材料要件
  • 製造プロセス
  • 主要成功要因とリスク要因

第11章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • NuMetrex Adidas
    • Apple Inc.
    • BAE Systems plc
    • CARRE TECHNOLOGIES INC.
    • Fitbit Service
    • Garmin Ltd.
    • Google LLC
    • Aliph Brands LLC
    • Kopin Corporation
    • LG Electronics
    • OHMATEX A/S
    • OMsignal
    • Nike, Inc.
    • Recon Instruments Inc.
    • Rockwell Collins
    • Samsung Electronics
    • Seiko Epson Corporation
    • Sony Corporation
    • Vuzix Corporation
図表

List of Figures

  • Figure 1: Global: Wearable Electronics Market: Major Drivers and Challenges
  • Figure 2: Global: Wearable Electronics Market: Sales Volume (in Million Units), 2018-2023
  • Figure 3: Global: Wearable Electronics Market: Sales Value (in Billion US$), 2018-2023
  • Figure 4: Global: Wearable Electronics Market: Breakup by Product (in %), 2023
  • Figure 5: Global: Wearable Electronics Market: Breakup by Component (in %), 2023
  • Figure 6: Global: Wearable Electronics Market: Breakup by Application (in %), 2023
  • Figure 7: Global: Wearable Electronics Market: Breakup by Region (in %), 2023
  • Figure 8: Global: Wearable Electronics Market Forecast: Sales Volume (in Million Units), 2024-2032
  • Figure 9: Global: Wearable Electronics Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 10: Global: Wearable Electronics Industry: SWOT Analysis
  • Figure 11: Global: Wearable Electronics Industry: Value Chain Analysis
  • Figure 12: Global: Wearable Electronics Industry: Porter's Five Forces Analysis
  • Figure 13: Global: Wearable Electronics (Smart Bands) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 14: Global: Wearable Electronics (Smart Bands) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 15: Global: Wearable Electronics (Smart Watches) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 16: Global: Wearable Electronics (Smart Watches) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 17: Global: Wearable Electronics (Smart Clothing) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 18: Global: Wearable Electronics (Smart Clothing) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 19: Global: Wearable Electronics (Smart Glasses) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 20: Global: Wearable Electronics (Smart Glasses) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 21: Global: Wearable Electronics (Head Mounted Displays) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 22: Global: Wearable Electronics (Head Mounted Displays) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 23: Global: Wearable Electronics (Networking and Positioning Components) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 24: Global: Wearable Electronics (Networking and Positioning Components) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 25: Global: Wearable Electronics (Power Supply Components) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 26: Global: Wearable Electronics (Power Supply Components) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 27: Global: Wearable Electronics (Sensing Components) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 28: Global: Wearable Electronics (Sensing Components) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 29: Global: Wearable Electronics (Optoelectronic and Display Components) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 30: Global: Wearable Electronics (Optoelectronic and Display Components) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 31: Global: Wearable Electronics (Control Components) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 32: Global: Wearable Electronics (Control Components) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 33: Global: Wearable Electronics (Interface Components) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 34: Global: Wearable Electronics (Interface Components) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 35: Global: Wearable Electronics (Healthcare Applications) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 36: Global: Wearable Electronics (Healthcare Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 37: Global: Wearable Electronics (Consumer Applications) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 38: Global: Wearable Electronics (Consumer Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 39: Global: Wearable Electronics (Sports and Fitness Applications) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 40: Global: Wearable Electronics (Sports and Fitness Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 41: Global: Wearable Electronics (Industrial and Commercial Applications) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 42: Global: Wearable Electronics (Industrial and Commercial Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 43: Global: Wearable Electronics (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 44: Global: Wearable Electronics (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 45: North America: Wearable Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 46: North America: Wearable Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 47: Europe: Wearable Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 48: Europe: Wearable Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 49: Asia Pacific: Wearable Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 50: Asia Pacific: Wearable Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 51: Middle East and Africa: Wearable Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 52: Middle East and Africa: Wearable Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 53: Latin America: Wearable Electronics Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 54: Latin America: Wearable Electronics Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 55: Wearable Electronics Manufacturing: Detailed Process Flow

List of Tables

  • Table 1: Global: Wearable Electronics Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Wearable Electronics Market Forecast: Breakup by Product (in Million US$), 2024-2032
  • Table 3: Global: Wearable Electronics Market Forecast: Breakup by Component (in Million US$), 2024-2032
  • Table 4: Global: Wearable Electronics Market Forecast: Breakup by Application (in Million US$), 2024-2032
  • Table 5: Global: Wearable Electronics Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 6: Wearable Electronics: Raw Material Requirements
  • Table 7: Global: Wearable Electronics Market: Competitive Structure
  • Table 8: Global: Wearable Electronics Market: Key Players
目次
Product Code: SR112024A1029

The global wearable electronics market size reached US$ 140.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 624.7 Billion by 2032, exhibiting a growth rate (CAGR) of 17.5% during 2024-2032. The escalating product adoption in healthcare applications, rising prevalence of chronic lifestyle diseases, increasing intervention of smartphones, and growing internet penetration rates are some of the major factors propelling the market.

Wearable electronics are devices or technologies designed to be worn on the body as accessories or garments. They incorporate miniaturized electronic components and sensors to provide a range of functionalities and data tracking capabilities. Some of the common wearable electronics include smartwatches, fitness trackers, augmented reality (AR) glasses, and smart clothing. These devices can monitor health parameters, track physical activities, display notifications, provide communication capabilities, and offer immersive digital experiences. With advancements in technology, wearable electronics have become more compact and stylish and can be seamlessly integrated into our daily lives, revolutionizing the way users interact with technology and access information on the go.

The increasing consumer demand for fitness and health monitoring devices will stimulate the growth of the market during the forecast period. Wearable electronics, such as fitness trackers and smartwatches, provide users with real-time data on their physical activities, heart rate, sleep patterns, and other health parameters, empowering them to take control of their overall well-being. Additionally, the rising adoption of wearable electronics in industries such as sports and athletics as these devices offer athletes and coaches valuable insights into performance metrics, enabling them to optimize training and enhance athletic abilities is contributing to the market growth. Apart from this, numerous advancements in sensor technology, miniaturization, and battery life have made wearable devices more efficient and user-friendly, attracting a wider consumer base, thereby propelling the market growth. Furthermore, the large-scale integration of wearable electronics with smartphones and other smart devices has catalyzed the market growth, as these electronics offer seamless connectivity and synchronization with multiple devices.

Wearable Electronics Market Trends/Drivers:

Rise in health and fitness awareness

The growing emphasis on health and fitness among individuals is a significant driver for the market for wearable electronics. With an increase in focus on personal well-being, people are actively seeking ways to monitor and improve their health. Wearable devices, such as fitness trackers, smartwatches, and smart clothing, provide users with real-time data on multiple health parameters, including heart rate, sleep patterns, calories burnt, and physical activity levels. These devices enable users to track their progress, set fitness goals, and make informed decisions regarding their lifestyle and exercise routines. They allow individuals to take control of their health by providing actionable insights and encouraging healthy behaviors. Apart from this, the rising popularity of wellness programs and fitness challenges, growing social media influence, and the integration of wearable devices in corporate wellness initiatives will further catalyze the demand for wearable electronics.

Technological Advancements and Product Miniaturization

Continuous advancements in technology have been instrumental in driving the growth of the market for wearable electronics. The ongoing miniaturization of components, improvements in sensor technology, and advancements in battery life have made wearable devices smaller, more efficient, and user-friendly. Innovations such as flexible displays, biometric sensors, and advanced connectivity options have further expanded the functionalities and capabilities of wearable electronics, making them more appealing to consumers. Such technological advancements have also contributed to the development of sleek and stylish designs, thus promoting their acceptance as fashion-forward accessories. Additionally, the integration of artificial intelligence (AI) and machine learning (ML) algorithms has enabled wearable devices to provide more accurate and personalized insights based on individual data patterns.

Integration of Wearable Electronics with Smart Ecosystems

The seamless integration of wearable electronics with smartphones, intelligent home devices, and other interconnected ecosystems has fueled the market growth. Wearable devices offer enhanced connectivity and synchronization with multiple devices, allowing users to access and manage information on the go. They easily integrate with existing smart ecosystems, facilitating a seamless user experience as data and notifications smoothly transition between devices. This integration enables users to receive notifications, control smart devices, and access relevant information directly from their wearable devices. As wearable electronics serve as valuable data collection points in interconnected smart environments, they significantly contribute to the development of comprehensive ecosystems that improve user convenience and efficiency. The widespread integration of wearable electronics with smart ecosystems adds value and expands the range of applications, thus stimulating the market growth and paving the way for innovative use cases in new areas, such as healthcare, home automation, and personalized services.

Wearable Electronics Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global wearable electronics market report, along with forecasts at the global and regional levels from 2024-2032. Our report has categorized the market based on product, component and application.

Breakup by Product:

Smart Bands

Smart Watches

Smart Clothing

Smart Glasses

Head Mounted Displays (HMD)

Smart watches dominate the market

The report has provided a detailed breakup and analysis of the market based on the product. This includes smart bands, smart watches, smart clothing, smart glasses, and head mounted displays (HMD). According to the report, smart watches represented the largest segment.

Smartwatches are wearable electronic devices designed to be worn on the wrist, offering functionalities beyond traditional timekeeping. They incorporate various features such as fitness tracking, heart rate monitoring, GPS navigation, notification alerts, and the ability to run various applications. Smartwatches connect to smartphones via Bluetooth or Wi-Fi, allowing users to receive and respond to calls, messages, and social media notifications directly from their wrists. The enhanced convenience and versatility offered by smartwatches have contributed significantly to the growth of this segment.

Furthermore, smartwatches have gained immense popularity among tech-savvy individuals seeking compact devices that combine style, health tracking, and smartphone integration. The increasing demand for smartwatches has prompted manufacturers to invest more in research and development (R&D), resulting in constant innovations such as prolonged battery life, advanced sensors, and enhanced display technology. The growing demand for smartwatches has further propelled the expansion of the market for wearable electronics, providing users with fashionable and functional accessories that seamlessly integrate into their daily lives.

Breakup by Component:

Networking and Positioning Components

Power Supply Components

Sensing Components

Optoelectronic and Display Components

Control Components

Interface Components

A detailed breakup and analysis of the market based on the component has also been provided in the report. This includes networking and positioning components, power supply components, sensing components, optoelectronic and display components, control components and interface components.

Networking and positioning components refer to the electronic elements and technologies that enable communication, connectivity, and precise location determination in various devices and systems. Power supply components are electronic components responsible for delivering and regulating the electrical power required by devices and systems. Sensing components comprise electronic parts that facilitate the detection, measurement, and conversion of physical phenomena or environmental variables into electrical signals. Optoelectronic and display components refer to electronic components that involve the interaction between light and electricity. Control components regulate and manage the operation and behavior of devices or systems. Interface components enable the interaction and communication between devices or systems. These components include connectors, interfaces, protocols, and bus systems.

Breakup by Application:

Healthcare Applications

Consumer Applications

Sports and Fitness Applications

Industrial and Commercial Applications

Others

Consumer applications represent the leading segment

The report has provided a detailed breakup and analysis of the market based on the application. This includes healthcare applications, consumer applications, sports and fitness applications, industrial and commercial applications, and others. According to the report, consumer applications represented the largest segment.

Consumer applications in the context of wearable electronics refer to the various ways in which wearable devices are used and adopted by individuals for personal use and everyday activities. These applications encompass fitness and health tracking, smartwatches for timekeeping and smartphone integration, virtual reality (VR) and augmented reality (AR) headsets for immersive experiences, and smart clothing for monitoring and enhancing performance.

The increasing demand for electronic devices that offer convenience, functionality, and style represents one of the key factors fueling the growth of this segment. The rise in desire for personalized health monitoring, seamless connectivity, and enhanced experiences has accelerated the adoption of wearable devices among consumers. As a result, the leading manufacturers are heavily investing in research and development (R&D) activities to create innovative and attractive wearable solutions, leading to the launch of a wider range of wearable options available to consumers, thus driving the expansion of the consumer segment.

Breakup by Region:

North America

Europe

Asia Pacific

Middle East and Africa

Latin America

North America exhibits a clear dominance in the market

The report has also provided a comprehensive analysis of all the major regional markets, which include North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. According to the report, North America was the largest regional market for wearable electronics.

North America held the biggest share in the market since the region is home to numerous leading technology companies and startups that continuously innovate and introduce new wearable devices. Such advancements in technology and design contribute to market growth and fuel the adoption of wearables worldwide. Moreover, the North America region has a large consumer base with high disposable incomes, making it a lucrative market for wearable electronics. The demand for fitness trackers, smartwatches, and other wearable devices is significantly high in the region.

Additionally, North America has a well-established healthcare industry that recognizes the potential of wearable electronics in improving patient care and monitoring. The integration of wearables in healthcare settings further propels the market growth. Furthermore, the region benefits from a robust retail infrastructure, including online platforms and distribution networks, enabling easy access to wearable devices for consumers. These factors combined make North America a leading regional market for wearable electronics.

Competitive Landscape:

The market is experiencing a lower-than-anticipated demand compared to pre-pandemic levels. However, this is likely to witness a paradigm shift over the next decade with the integration of biometric sensors and artificial intelligence (AI) capabilities in wearable devices. This allows more accurate and personalized health monitoring due to the ability of these electronics to track vital signs, detect abnormalities, and provide real-time feedback to users. The market is also witnessing a steady rise in smart fabrics and e-textiles, which comprise traditional textiles embedded with intelligent electronics. These fabrics can monitor physiological data, such as heart rate and muscle activity, and deliver a seamless and comfortable user experience. Furthermore, there have been advancements in flexible and stretchable displays, enabling the development of curved and bendable screens that can be incorporated into numerous wearable electronics. We also expect the market to witness new entrants, consolidation of portfolios, and a rise in strategic collaborations among key players to drive healthy competition within the domain.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

NuMetrex Adidas

Apple Inc.

BAE Systems plc

CARRE TECHNOLOGIES INC.

Fitbit Service

Garmin Ltd.

Google LLC

Aliph Brands LLC

Kopin Corporation

LG Electronics

OHMATEX A/S

OMsignal

Nike Inc.

Recon Instruments Inc.

Rockwell Collins

Samsung Electronics

Seiko Epson Corporation

Sony Corporation

Vuzix Corporation

Recent Developments:

In September 2022, Apple Inc. introduced the highly anticipated Apple Watch SE and Apple Watch Series 8, showcasing remarkable advancements in performance, technology, and safety enhancements. Building upon the success of their predecessors, these new smartwatches are set to revolutionize the wearable electronics industry. The Apple Watch Series 8 retains the beloved and iconic design that has made it a fan favorite. It also boasts a sizable, always-on Retina display, providing users with a clear and immersive viewing experience.

In August 2020, LG Electronics made a significant breakthrough in the field of wearable electronics with the launch of its revolutionary personal air solution at IFA 2020. The LG PuriCare Wearable Air, a cutting-edge wearable device, showcased the company's commitment to providing innovative and practical solutions for personal well-being. The LG PuriCare Wearable Air represents a paradigm shift in personal air quality control. It features advanced air filtration technology combined with a comfortable and ergonomic design, allowing users to breathe clean and purified air wherever they go.

In July 2020, Sony Corporation announced the launch of one of its innovative products, the Reon Pocket. Designed for both Android and iOS devices, this wearable air conditioner offers a unique cooling and heating solution. Although currently available exclusively in Japan, the Reon Pocket has garnered substantial attention and interest from consumers globally.

Key Questions Answered in This Report

  • 1. How big is the global wearable electronics market?
  • 2. What is the expected growth rate of the global wearable electronics market during 2024-2032?
  • 3. What are the key factors driving the global wearable electronics market?
  • 4. What has been the impact of COVID-19 on the global wearable electronics market?
  • 5. What is the breakup of the global wearable electronics market based on the product?
  • 6. What is the breakup of the global wearable electronics market based on the application?
  • 7. What are the key regions in the global wearable electronics market?
  • 8. Who are the key players/companies in the global wearable electronics market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting 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 Volume Trends
    • 5.2.2 Value Trends
  • 5.3 Impact of COVID-19
  • 5.4 Market Breakup by Product
  • 5.5 Market Breakup by Component
  • 5.6 Market Breakup by Application
  • 5.7 Market Breakup by Region
  • 5.8 Market Forecast
    • 5.8.1 Volume Trends
    • 5.8.2 Value Trends
  • 5.9 SWOT Analysis
    • 5.9.1 Overview
    • 5.9.2 Strengths
    • 5.9.3 Weaknesses
    • 5.9.4 Opportunities
    • 5.9.5 Threats
  • 5.10 Value Chain Analysis
    • 5.10.1 Overview
    • 5.10.2 Research and Development
    • 5.10.3 Raw Material Procurement
    • 5.10.4 Manufacturing
    • 5.10.5 Marketing
    • 5.10.6 Distribution
    • 5.10.7 End-Use
  • 5.11 Porters Five Forces Analysis
    • 5.11.1 Overview
    • 5.11.2 Bargaining Power of Buyers
    • 5.11.3 Bargaining Power of Suppliers
    • 5.11.4 Degree of Competition
    • 5.11.5 Threat of New Entrants
    • 5.11.6 Threat of Substitutes
  • 5.12 Price Analysis

6 Market Breakup by Product

  • 6.1 Smart Bands
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Smart Watches
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Smart Clothing
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Smart Glasses
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast
  • 6.5 Head Mounted Displays (HMD)
    • 6.5.1 Market Trends
    • 6.5.2 Market Forecast

7 Market Breakup by Component

  • 7.1 Networking and Positioning Components
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Power Supply Components
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Sensing Components
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Optoelectronic and Display Components
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast
  • 7.5 Control Components
    • 7.5.1 Market Trends
    • 7.5.2 Market Forecast
  • 7.6 Interface Components
    • 7.6.1 Market Trends
    • 7.6.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Healthcare Applications
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Consumer Applications
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Sports and Fitness Applications
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Industrial and Commercial Applications
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Others
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Europe
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Asia Pacific
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Middle East and Africa
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5 Latin America
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast

10 Wearable Electronics Manufacturing Process

  • 10.1 Product Overview
  • 10.2 Raw Material Requirements
  • 10.3 Manufacturing Process
  • 10.4 Key Success and Risk Factors

11 Competitive Landscape

  • 11.1 Market Structure
  • 11.2 Key Players
  • 11.3 Profiles of Key Players
    • 11.3.1 NuMetrex Adidas
    • 11.3.2 Apple Inc.
    • 11.3.3 BAE Systems plc
    • 11.3.4 CARRE TECHNOLOGIES INC.
    • 11.3.5 Fitbit Service
    • 11.3.6 Garmin Ltd.
    • 11.3.7 Google LLC
    • 11.3.8 Aliph Brands LLC
    • 11.3.9 Kopin Corporation
    • 11.3.10 LG Electronics
    • 11.3.11 OHMATEX A/S
    • 11.3.12 OMsignal
    • 11.3.13 Nike, Inc.
    • 11.3.14 Recon Instruments Inc.
    • 11.3.15 Rockwell Collins
    • 11.3.16 Samsung Electronics
    • 11.3.17 Seiko Epson Corporation
    • 11.3.18 Sony Corporation
    • 11.3.19 Vuzix Corporation