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Wearable Electronics Market by Product (Wrist-wear, Eye-wear, Body-wear, and Others) and Applications (Healthcare, Entertainment, Industrial, and Others) - Global Opportunity Analysis and Industry Forecast, 2021-2030

A00395

Pages: 210

Charts: NA

Tables: 65

Wearable Electronics Market Outlook – 2030

The global wearable electronics market size was valued at $81.40 billion in 2020 and is projected to reach $459.58 billion by 2030, growing at a CAGR of 19.96% from 2021 to 2030. Wearable electronics refers to an integrated computing device or product that helps the person or the user wearing it to enhance day-to-day activities. The market for wearable electronics was largely dominated by North America, followed by the European Union and Asia-Pacific.

[COVIDIMPACTSTATEMENT]

The technological advancement in wearable electronics helps users to avail advanced features and characteristics. The first form of electronic wearable device was a calculator watch. Wearable devices, such as wrist bands and watches that can record audio, video, and process data on the go, were seen as something very futuristic; however, advancements made in the past decade have made it possible for users to realize the potential of these devices in the current age. ‘Wearable technology’ was forayed into as a technological advancement only a decade ago, and the interest in this sector continues to grow.

The interest is mostly led by wearable fitness trackers, smartwatches, and bands. Lately, such is the impact of these wearable devices that now mobile operators have moved toward offering smart watches along with fitness trackers, or smartphones with smartwatches as part of a bundled deal to woo customers.    

Segment Overview

The global wearable electronics market is segmented on the basis of product, component, application, and geography. The product type segment, namely wrist-wear, eye-wear, body-wear, and other-wear, is covered under the scope of this report. Moreover, the application segment is divided into healthcare, entertainment, commercial, industrial, and others. Based on geography, the global wearable electronics market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

[PRODUCTTYPEGRAPH]

Top Impacting Factors

The significant impacting factors in the wearable electronics market include lower device cost due to the emergence of a large number of manufacturers, a rise in awareness among customers for health-related activities, and an increase in usage among customers of varied age profiles for patient tracking systems. However, the surge in the number of customers adopting digital devices and the presence of internet mobility is expected to hinder the growth of the wearable electronics market. Conversely, an increase in investment in building a connected ecosystem is projected to offer remunerative wearable electronics market opportunities. Each of these factors is anticipated to have a definite impact on the market during the forecast period.

Competitive Analysis

The key players profiled in the report include Adidas AG, Fitbit, Inc., Nike, Inc., Google, Inc., Apple, Inc., Sony Corporation, Samsung Electronics, Garmin Ltd., Sensoria Inc., and LG Electronics. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their position in the wearable electronics industry.

[APPLICATIONGRAPH]

COVID-19 Impact Analysis

The outbreak of COVID-19 has significantly affected the electronics and semiconductor sectors. Businesses and manufacturing units across various countries were closed, owing to the increase in several COVID-19 cases, and are estimated to remain closed in 2021. Furthermore, partial or complete lockdowns have disrupted global supply chains, posing challenges for manufacturers to reach customers.

The COVID-19 pandemic has impacted society and the overall economy across the globe. The impact of this outbreak has grown day-by-day as well as affects the overall business globally. The crisis has created uncertainty in the stock market, falling business confidence, massive slowing of the supply chain, and increased panic among customer segments.

Asian and European countries under lockdowns have suffered major losses of business and revenue due to the shutdown of manufacturing units in their regions. The operations of the production and manufacturing industries have been heavily impacted by the outbreak of COVID-19, which negatively impacted the growth of the wearable electronics market trends in 2020.

The COVID-19 pandemic has impacted the electronics sector, as the production facility halted, which, in turn, resulted in significant demand for electronics and semiconductor products in various industries. Its major impacts include large-scale manufacturing interruptions across Europe and interruptions in Chinese parts exports, which are expected to hinder the wearable electronics market. 

[REGIONGRAPH]

Key Benefits for Stakeholders

  • This study comprises an analytical depiction of the global wearable electronics market growth along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall wearable electronics market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The wearable electronics market forecast is quantitatively analyzed from 2021- 2030 to benchmark financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
  • The report includes the wearable electronics market share of key vendors and market trends.

Key Market Segments

  • By Product
    • Wrist-Wear
    • Eye-Wear
    • Body-Wear
    • Others
  • By Application
    • Healthcare
    • Entertainment
    • Industrial
    • Others
  • By Region
    • North America
      • U.S.
      • Mexico
      • Canada
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Rest of Europe
    • Asia-Pacific
      • China
      • Taiwan
      • India
      • Japan
      • South Korea
      • Rest of Asia-Pacific
    • LAMEA
      • Latin America
      • Middle East
      • Africa
  • By Key Market Players
    • Adidas AG
    • Apple, Inc.
    • Fitbit, Inc.
    • Google, Inc.
    • Nike, Inc.
    • Sony Corporation
    • Samsung Electronics
    • Garmin Ltd.
    • Sensoria Inc.
    • LG Electronics

CHAPTER 1: INTRODUCTION

1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology

1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO Perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets

3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics

3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities

3.6.COVID-19 Impact Analysis on the market

CHAPTER 4: WEARABLE ELECTRONICS MARKET, BY PRODUCT TYPE

4.1 Overview

4.1.1 Market size and forecast

4.2 Wrist Wear

4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country

4.3 Eye Wear

4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country

4.4 Body Wear

4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country

4.5 Others

4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country

CHAPTER 5: WEARABLE ELECTRONICS MARKET, BY APPLICATION

5.1 Overview

5.1.1 Market size and forecast

5.2 Healthcare

5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country

5.3 Entertainment

5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country

5.4 Industrial

5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country

5.5 Others

5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country

CHAPTER 6: WEARABLE ELECTRONICS MARKET, BY REGION

6.1 Overview

6.1.1 Market size and forecast

6.2 North America

6.2.1 Key trends and opportunities
6.2.2 North America Market size & forecast, by Product Type
6.2.3 North America Market size & forecast, by Application
6.2.4 North America Market size & forecast, by country

6.2.4.1 U.S.

6.2.4.1.1 Market size & forecast, by Product Type
6.2.4.1.2 Market size & forecast, by Application

6.2.4.2 Canada

6.2.4.2.1 Market size & forecast, by Product Type
6.2.4.2.2 Market size & forecast, by Application

6.2.4.3 Mexico

6.2.4.3.1 Market size & forecast, by Product Type
6.2.4.3.2 Market size & forecast, by Application

6.3 Europe

6.3.1 Key trends and opportunities
6.3.2 Europe Market size & forecast, by Product Type
6.3.3 Europe Market size & forecast, by Application
6.3.4 Europe Market size & forecast, by country

6.3.4.1 U.K.

6.3.4.1.1 Market size & forecast, by Product Type
6.3.4.1.2 Market size & forecast, by Application

6.3.4.2 Germany

6.3.4.2.1 Market size & forecast, by Product Type
6.3.4.2.2 Market size & forecast, by Application

6.3.4.3 France

6.3.4.3.1 Market size & forecast, by Product Type
6.3.4.3.2 Market size & forecast, by Application

6.3.4.4 Italy

6.3.4.4.1 Market size & forecast, by Product Type
6.3.4.4.2 Market size & forecast, by Application

6.3.4.5 Rest of Europe

6.3.4.5.1 Market size & forecast, by Product Type
6.3.4.5.2 Market size & forecast, by Application

6.4 Asia-Pacific

6.4.1 Key trends and opportunities
6.4.2 Asia-Pacific Market size & forecast, by Product Type
6.4.3 Asia-Pacific Market size & forecast, by Application
6.4.4 Asia-Pacific Market size & forecast, by country

6.4.4.1 China

6.4.4.1.1 Market size & forecast, by Product Type
6.4.4.1.2 Market size & forecast, by Application

6.4.4.2 Japan

6.4.4.2.1 Market size & forecast, by Product Type
6.4.4.2.2 Market size & forecast, by Application

6.4.4.3 India

6.4.4.3.1 Market size & forecast, by Product Type
6.4.4.3.2 Market size & forecast, by Application

6.4.4.4 South Korea

6.4.4.4.1 Market size & forecast, by Product Type
6.4.4.4.2 Market size & forecast, by Application

6.4.4.5 Taiwan

6.4.4.5.1 Market size & forecast, by Product Type
6.4.4.5.2 Market size & forecast, by Application

6.4.4.6 Rest of Asia-Pacific

6.4.4.6.1 Market size & forecast, by Product Type
6.4.4.6.2 Market size & forecast, by Application

6.5 LAMEA

6.5.1 Key trends and opportunities
6.5.2 LAMEA Market size & forecast, by Product Type
6.5.3 LAMEA Market size & forecast, by Application
6.5.4 LAMEA Market size & forecast, by country

6.5.4.1 Latin America

6.5.4.1.1 Market size & forecast, by Product Type
6.5.4.1.2 Market size & forecast, by Application

6.5.4.2 Middle East

6.5.4.2.1 Market size & forecast, by Product Type
6.5.4.2.2 Market size & forecast, by Application

6.5.4.3 Africa

6.5.4.3.1 Market size & forecast, by Product Type
6.5.4.3.2 Market size & forecast, by Application

CHAPTER 7: COMPANY LANDSCAPE

7.1. Top winning strategies
7.2. Product Mapping of Top 10 Player
7.3. Competitive Dashboard
7.4. Competitive Heatmap
7.5 Key developments

7.5.1. Acquisition
7.5.2. Business Expansion
7.5.3. Agreement
7.5.4. Partnership
7.5.5. Product Launch

CHAPTER 8: COMPANY PROFILES

8.1 Google

8.1.1 Company overview
8.1.2 Company snapshot
8.1.3 Operating business segments
8.1.4 Product portfolio
8.1.5 Business performance
8.1.6 Key strategic moves and developments

8.2 SONY CORPORATION

8.2.1 Company overview
8.2.2 Company snapshot
8.2.3 Operating business segments
8.2.4 Product portfolio
8.2.5 Business performance
8.2.6 Key strategic moves and developments

8.3 Nike

8.3.1 Company overview
8.3.2 Company snapshot
8.3.3 Operating business segments
8.3.4 Product portfolio
8.3.5 Business performance
8.3.6 Key strategic moves and developments

8.4 Samsung Electronics

8.4.1 Company overview
8.4.2 Company snapshot
8.4.3 Operating business segments
8.4.4 Product portfolio
8.4.5 Business performance
8.4.6 Key strategic moves and developments

8.5 Garmin Ltd.

8.5.1 Company overview
8.5.2 Company snapshot
8.5.3 Operating business segments
8.5.4 Product portfolio
8.5.5 Business performance
8.5.6 Key strategic moves and developments

8.6 Adidas AG

8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Operating business segments
8.6.4 Product portfolio
8.6.5 Business performance
8.6.6 Key strategic moves and developments

8.7 Apple Inc.

8.7.1 Company overview
8.7.2 Company snapshot
8.7.3 Operating business segments
8.7.4 Product portfolio
8.7.5 Business performance
8.7.6 Key strategic moves and developments

8.8 Fitbit Inc.

8.8.1 Company overview
8.8.2 Company snapshot
8.8.3 Operating business segments
8.8.4 Product portfolio
8.8.5 Business performance
8.8.6 Key strategic moves and developments

8.9 Sensoria Inc.

8.9.1 Company overview
8.9.2 Company snapshot
8.9.3 Operating business segments
8.9.4 Product portfolio
8.9.5 Business performance
8.9.6 Key strategic moves and developments

8.10 LG Electronics Inc.

8.10.1 Company overview
8.10.2 Company snapshot
8.10.3 Operating business segments
8.10.4 Product portfolio
8.10.5 Business performance
8.10.6 Key strategic moves and developments

LIST OF TABLES

TABLE 1. GLOBAL WEARABLE ELECTRONICS MARKET, BY PRODUCT TYPE, 2020-2030,($BILLION)
TABLE 2. WEARABLE ELECTRONICS MARKET REVENUE, FOR WRIST WEAR, BY REGION , 2020-2030,($BILLION)
TABLE 3. WEARABLE ELECTRONICS MARKET WRIST WEAR BY COUNTRY, 2020-2030,($BILLION)
TABLE 4. WEARABLE ELECTRONICS MARKET REVENUE, FOR EYE WEAR, BY REGION , 2020-2030,($BILLION)
TABLE 5. WEARABLE ELECTRONICS MARKET EYE WEAR BY COUNTRY, 2020-2030,($BILLION)
TABLE 6. WEARABLE ELECTRONICS MARKET REVENUE, FOR BODY WEAR, BY REGION , 2020-2030,($BILLION)
TABLE 7. WEARABLE ELECTRONICS MARKET BODY WEAR BY COUNTRY, 2020-2030,($BILLION)
TABLE 8. WEARABLE ELECTRONICS MARKET REVENUE, FOR OTHERS, BY REGION , 2020-2030,($BILLION)
TABLE 9. WEARABLE ELECTRONICS MARKET OTHERS BY COUNTRY, 2020-2030,($BILLION)
TABLE 10. GLOBAL WEARABLE ELECTRONICS MARKET, BY APPLICATION, 2020-2030,($BILLION)
TABLE 11. WEARABLE ELECTRONICS MARKET REVENUE, FOR HEALTHCARE, BY REGION , 2020-2030,($BILLION)
TABLE 12. WEARABLE ELECTRONICS MARKET HEALTHCARE BY COUNTRY, 2020-2030,($BILLION)
TABLE 13. WEARABLE ELECTRONICS MARKET REVENUE, FOR ENTERTAINMENT, BY REGION , 2020-2030,($BILLION)
TABLE 14. WEARABLE ELECTRONICS MARKET ENTERTAINMENT BY COUNTRY, 2020-2030,($BILLION)
TABLE 15. WEARABLE ELECTRONICS MARKET REVENUE, FOR INDUSTRIAL, BY REGION , 2020-2030,($BILLION)
TABLE 16. WEARABLE ELECTRONICS MARKET INDUSTRIAL BY COUNTRY, 2020-2030,($BILLION)
TABLE 17. WEARABLE ELECTRONICS MARKET REVENUE, FOR OTHERS, BY REGION , 2020-2030,($BILLION)
TABLE 18. WEARABLE ELECTRONICS MARKET OTHERS BY COUNTRY, 2020-2030,($BILLION)
TABLE 19. WEARABLE ELECTRONICS MARKET, BY REGION, 2020-2030,($BILLION)
TABLE 20. NORTH AMERICA WEARABLE ELECTRONICS MARKET, BY PRODUCT TYPE, 2020-2030,($BILLION)
TABLE 21. NORTH AMERICA WEARABLE ELECTRONICS MARKET, BY APPLICATION, 2020-2030,($BILLION)
TABLE 22. NORTH AMERICA WEARABLE ELECTRONICS MARKET, BY COUNTRY, 2020-2030,($BILLION)
TABLE 23. U.S. WEARABLE ELECTRONICS MARKET BY PRODUCT TYPE 2020-2030,($BILLION)
TABLE 24. U.S. WEARABLE ELECTRONICS MARKET BY APPLICATION 2020-2030,($BILLION)
TABLE 25. CANADA WEARABLE ELECTRONICS MARKET BY PRODUCT TYPE 2020-2030,($BILLION)
TABLE 26. CANADA WEARABLE ELECTRONICS MARKET BY APPLICATION 2020-2030,($BILLION)
TABLE 27. MEXICO WEARABLE ELECTRONICS MARKET BY PRODUCT TYPE 2020-2030,($BILLION)
TABLE 28. MEXICO WEARABLE ELECTRONICS MARKET BY APPLICATION 2020-2030,($BILLION)
TABLE 29. EUROPE WEARABLE ELECTRONICS MARKET, BY PRODUCT TYPE, 2020-2030,($BILLION)
TABLE 30. EUROPE WEARABLE ELECTRONICS MARKET, BY APPLICATION, 2020-2030,($BILLION)
TABLE 31. EUROPE WEARABLE ELECTRONICS MARKET, BY COUNTRY, 2020-2030,($BILLION)
TABLE 32. U.K. WEARABLE ELECTRONICS MARKET BY PRODUCT TYPE 2020-2030,($BILLION)
TABLE 33. U.K. WEARABLE ELECTRONICS MARKET BY APPLICATION 2020-2030,($BILLION)
TABLE 34. GERMANY WEARABLE ELECTRONICS MARKET BY PRODUCT TYPE 2020-2030,($BILLION)
TABLE 35. GERMANY WEARABLE ELECTRONICS MARKET BY APPLICATION 2020-2030,($BILLION)
TABLE 36. FRANCE WEARABLE ELECTRONICS MARKET BY PRODUCT TYPE 2020-2030,($BILLION)
TABLE 37. FRANCE WEARABLE ELECTRONICS MARKET BY APPLICATION 2020-2030,($BILLION)
TABLE 38. ITALY WEARABLE ELECTRONICS MARKET BY PRODUCT TYPE 2020-2030,($BILLION)
TABLE 39. ITALY WEARABLE ELECTRONICS MARKET BY APPLICATION 2020-2030,($BILLION)
TABLE 40. REST OF EUROPE WEARABLE ELECTRONICS MARKET BY PRODUCT TYPE 2020-2030,($BILLION)
TABLE 41. REST OF EUROPE WEARABLE ELECTRONICS MARKET BY APPLICATION 2020-2030,($BILLION)
TABLE 42. ASIA-PACIFIC WEARABLE ELECTRONICS MARKET, BY PRODUCT TYPE, 2020-2030,($BILLION)
TABLE 43. ASIA-PACIFIC WEARABLE ELECTRONICS MARKET, BY APPLICATION, 2020-2030,($BILLION)
TABLE 44. ASIA-PACIFIC WEARABLE ELECTRONICS MARKET, BY COUNTRY, 2020-2030,($BILLION)
TABLE 45. CHINA WEARABLE ELECTRONICS MARKET BY PRODUCT TYPE 2020-2030,($BILLION)
TABLE 46. CHINA WEARABLE ELECTRONICS MARKET BY APPLICATION 2020-2030,($BILLION)
TABLE 47. JAPAN WEARABLE ELECTRONICS MARKET BY PRODUCT TYPE 2020-2030,($BILLION)
TABLE 48. JAPAN WEARABLE ELECTRONICS MARKET BY APPLICATION 2020-2030,($BILLION)
TABLE 49. INDIA WEARABLE ELECTRONICS MARKET BY PRODUCT TYPE 2020-2030,($BILLION)
TABLE 50. INDIA WEARABLE ELECTRONICS MARKET BY APPLICATION 2020-2030,($BILLION)
TABLE 51. SOUTH KOREA WEARABLE ELECTRONICS MARKET BY PRODUCT TYPE 2020-2030,($BILLION)
TABLE 52. SOUTH KOREA WEARABLE ELECTRONICS MARKET BY APPLICATION 2020-2030,($BILLION)
TABLE 53. TAIWAN WEARABLE ELECTRONICS MARKET BY PRODUCT TYPE 2020-2030,($BILLION)
TABLE 54. TAIWAN WEARABLE ELECTRONICS MARKET BY APPLICATION 2020-2030,($BILLION)
TABLE 55. REST OF ASIA-PACIFIC WEARABLE ELECTRONICS MARKET BY PRODUCT TYPE 2020-2030,($BILLION)
TABLE 56. REST OF ASIA-PACIFIC WEARABLE ELECTRONICS MARKET BY APPLICATION 2020-2030,($BILLION)
TABLE 57. LAMEA WEARABLE ELECTRONICS MARKET, BY PRODUCT TYPE, 2020-2030,($BILLION)
TABLE 58. LAMEA WEARABLE ELECTRONICS MARKET, BY APPLICATION, 2020-2030,($BILLION)
TABLE 59. LAMEA WEARABLE ELECTRONICS MARKET, BY COUNTRY, 2020-2030,($BILLION)
TABLE 60. LATIN AMERICA WEARABLE ELECTRONICS MARKET BY PRODUCT TYPE 2020-2030,($BILLION)
TABLE 61. LATIN AMERICA WEARABLE ELECTRONICS MARKET BY APPLICATION 2020-2030,($BILLION)
TABLE 62. MIDDLE EAST WEARABLE ELECTRONICS MARKET BY PRODUCT TYPE 2020-2030,($BILLION)
TABLE 63. MIDDLE EAST WEARABLE ELECTRONICS MARKET BY APPLICATION 2020-2030,($BILLION)
TABLE 64. AFRICA WEARABLE ELECTRONICS MARKET BY PRODUCT TYPE 2020-2030,($BILLION)
TABLE 65. AFRICA WEARABLE ELECTRONICS MARKET BY APPLICATION 2020-2030,($BILLION)

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