DUBLIN, Feb. 12, 2018 /PRNewswire/ --
The "Global Industrial Wearable Devices Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global industrial wearable devices market to grow at a CAGR of 10.52% during the period 2018-2022.
Global Industrial Wearable Devices Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Wearable devices that are used for industrial applications are known as industrial wearables. These devices are equipped with IoT capabilities, have the ability to interact with one another, and augment the industrial surroundings. In addition, these devices have the ability to collect, store, and interpret and exchange data with other devices working on compatible networks.
One trend in the market is patenting of technology. There are several vendors in the market for industrial wearable devices. These vendors are beginning to patent their technological discoveries about industrial wearable devices. One of the signs of technology maturing is the number of patents granted in the field. There are several vendors for industrial wearable devices that have filed patents for their product.
According to the report, one driver in the market is augmented growth of IoT. There is a growing need to remain connected. This has led to an increase in demand for more connected products. IoT is one such avenue that captures data from the surrounding stimuli and ensures that various products are connected. IoT and smart products have created revolutionizing expectations about data and connectivity while opening new channels of business value. One such channel is the creation of industrial wearables.
Further, the report states that one challenge in the market is high cost of wearable devices. The market for industrial wearables is at the innovation stage, which is characterized by low sales and low consumer adoption. However, by the end of the forecast period, industrial wearables will witness increased adoption in various industrial applications. One factor that would hinder the growth of the market is the high cost of these wearables.
Key vendors
- Epson
- Vuzix
- Eurotech
- Generalscan
- Honeywell
- Shenzhen Unique Electronic International
- Zebra
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
- Segmentation by application
- Comparison by application
- Warehouse management- Market size and forecast 2017-2022
- Training and simulation- Market size and forecast 2017-2022
- Service and maintenance - Market size and forecast 2017-2022
- Market opportunity by application
PART 08: MARKET SEGMENTATION BY PRODUCT
- Segmentation by product
- Comparison by product
- Wrist computers - Market size and forecast 2017-2022
- Ring scanners - Market size and forecast 2017-2022
- Smart terminals - Market size and forecast 2017-2022
- Smart glasses - Market size and forecast 2017-2022
- Market opportunity by product
PART 09: CUSTOMER LANDSCAPE
PART 10: MARKET SEGMENTATION BY END-USER
- Transport and logistics - Market size and forecast 2017-2022
- Retail - Market size and forecast 2017-2022
- Manufacturing - Market size and forecast 2017-2022
- Healthcare - Market size and forecast 2017-2022
- Others - Market size and forecast 2017-2022
PART 11: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Key leading countries
- Market opportunity
PART 12: DECISION FRAMEWORK
PART 13: DRIVERS AND CHALLENGES
PART 14: MARKET TRENDS
- Patenting of technology
- Market scope for HMDs as industrial wearable
- Gesture recognition feature in industrial wearables
- Customization of industrial wearable devices
PART 15: VENDOR LANDSCAPE FOR SMART GLASSES
- Overview
- Landscape disruption
- Competitive scenario
PART 16: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
PART 17: VENDOR LANDSCAPE FOR WRIST COMPUTERS, RING SCANNERS, AND SMART TERMINALS
- Overview
- Landscape disruption
- Competitive scenario
PART 18: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
PART 19: APPENDIX
For more information about this report visit https://www.researchandmarkets.com/research/wqsqrx/global_industrial?w=5
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SOURCE Research and Markets
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