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Global Industrial Wearable Devices Market 2018-2022

Published: Jan, 2018 | Pages: 179 | Publisher: Technavio
Industry: Construction | Report Format: Electronic (PDF)

The global industrial wearable devices market is anticipated to grow at a significant CAGR of 10.52% during the period 2018-2022. Wearable technology is gaining higher traction at present and the presence of wearable devices seems to enlarge an individual’s life. Wearable devices have strongly garnered a significant position in the consumer electronics market and considered as a new means of communication in most industries. For instance, wearable devices for logistics and construction industry have simplified safety measures and encouraged healthier habits in the workplace.

In healthcare domain, medical professionals used fitness trackers to track the physiological and behavioural data of users. Recently, the devices have found use in mining industry to enhance production and process control in the rock mines. Commercially, wearable devices could be classified as smart watch, smart eyewear, fitness trackers, smart clothing, wearable medical devices and wearable camera.

Industrial wearable devices market is driven by rise in IoT and the need for being connected propels the market demand. Popularity of IoT and emergence of several business channels result in an enlarged demand during the forecast period. In addition, increase in demand for SMART technology in gadgets and devices ascertains the market growth during the forecast period. Minimal price of hardware and corporate awareness have led the companies in adoption of IoT, which subsequently drives the market growth.

Innovation is another factor for rise in competitive nature of companies and as a result, the industry focuses on developing innovative products. The market witnesses a significant number of filing of patents every year. Industrial wearable devices market is segmented by end-user as retail, transport & logistics, healthcare and manufacturing.

Geographical segmentation for market spans North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. Asia-Pacific regions are likely to gain a higher market share due to adoption of innovative approach by manufacturers. Availability of automation technologies for production processes is likely to boost the industrial growth.

North American and European markets are most likely to witness a higher CAGR during the forecast period owing to strategic presence of market players. The key players profiled in the industrial wearable devices market report are Vuzix, Epson, General Scan, Honeywell, Zebra, Shenzhen Unique Electronic International, and Eurotech.

About Industrial Wearable Devices

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.

Technavio's analysts forecast the global industrial wearable devices market to grow at a CAGR of 10.52% during the period 2018-2022.

Covered in this report 
The report covers the present scenario and the growth prospects of the global industrial wearable devices market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:  
• Americas
• APAC
• EMEA

Technavio's report, 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. 

Key vendors 
• Epson   
• Vuzix    
• Eurotech             
• Generalscan      
• Honeywell         
• Shenzhen Unique Electronic International            
• Zebra   

Market driver 
• Augmented growth of IoT
• For a full, detailed list, view our report 

Market challenge 
• High cost of wearable devices
• For a full, detailed list, view our report 

Market trend  
• Patenting of technology
• For a full, detailed list, view our report 

Key questions answered in this report   
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
 Table of Contents

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE
• Market outline
• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 05: MARKET SIZING
• Market definition
• Market sizing 2017
• Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

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
• Segmentation by end-user
• Comparison 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
• Market opportunity by end-user

PART 11: REGIONAL LANDSCAPE
• Geographical segmentation
• Regional comparison
• Americas - Market size and forecast 2017-2022
• EMEA - Market size and forecast 2017-2022
• APAC - Market size and forecast 2017-2022
• Key leading countries
• Market opportunity

PART 12: DECISION FRAMEWORK

PART 13: DRIVERS AND CHALLENGES
• Market drivers
• Market 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
• Epson
• Vuzix

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
• Eurotech
• Generalscan
• Honeywell
• Shenzhen Unique Electronic International
• Zebra

PART 19: APPENDIX
• List of abbreviations

List of Exhibits

Exhibit 01: Parent market
Exhibit 02: Global wearable devices market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Market size 2017
Exhibit 07: Validation techniques employed for market sizing 2017
Exhibit 08: Global - Market size and forecast 2017-2022 ($ mn)
Exhibit 09: Global - Year-over-year growth 2018-2022 (%)
Exhibit 10: Global - Unit shipments and forecast 2017-2022 (thousands of units)
Exhibit 11: Global - Year-over-year growth 2018-2022 (%)
Exhibit 12: Five forces analysis 2017
Exhibit 13: Five forces analysis 2022
Exhibit 14: Bargaining power of buyers
Exhibit 15: Bargaining power of suppliers
Exhibit 16: Threat of new entrants
Exhibit 17: Threat of substitutes
Exhibit 18: Threat of rivalry
Exhibit 19: Market condition - Five forces 2017
Exhibit 20: Application - Market share 2017-2022 (%)
Exhibit 21: Comparison by application
Exhibit 22: Warehouse management - Market size and forecast 2017-2022 ($ mn)
Exhibit 23: Warehouse management - Year-over-year growth 2018-2022 (%)
Exhibit 24: Training and simulation - Market size and forecast 2017-2022 ($ mn)
Exhibit 25: Training and simulation - Year-over-year growth 2018-2022 (%)
Exhibit 26: Service and maintenance - Market size and forecast 2017-2022 ($ mn)
Exhibit 27: Service and maintenance - Year-over-year growth 2018-2022 (%)
Exhibit 28: Market opportunity by application
Exhibit 29: Product - Market share 2017-2022 (%)
Exhibit 30: Comparison by product
Exhibit 31: Wrist computers - Market size and forecast 2017-2022 ($ mn)
Exhibit 32: Wrist computers - Year-over-year growth 2018-2022 (%)
Exhibit 33: Wrist computers - Unit shipment and forecast 2017-2022 (thousands of units)
Exhibit 34: Wrist computers - Unit shipment year-over-year growth 2018-2022 (%)
Exhibit 35: Wrist computers - ASP 2017-2022 ($ per unit)
Exhibit 36: Ring scanners - Market size and forecast 2017-2022 ($ mn)
Exhibit 37: Ring scanners - Year-over-year growth 2018-2022 (%)
Exhibit 38: Ring scanners - Unit shipment and forecast 2017-2022 (thousands of units)
Exhibit 39: Ring scanners - Unit shipment year-over-year growth 2018-2022 (%)
Exhibit 40: Ring scanner - ASP 2017-2022 ($ per unit)
Exhibit 41: Smart terminals - Market size and forecast 2017-2022 ($ mn)
Exhibit 42: Smart terminals - Year-over-year growth 2018-2022 (%)
Exhibit 43: Smart terminals - Unit shipment and forecast 2017-2022 (thousands of units)
Exhibit 44: Smart terminals - Unit shipment year-over-year growth 2018-2022 (%)
Exhibit 45: Smart terminals - ASP 2017-2022 ($ per unit)
Exhibit 46: Smart glasses - Market size and forecast 2017-2022 ($ mn)
Exhibit 47: Smart glasses - Year-over-year growth 2018-2022 (%)
Exhibit 48: Smart glasses - Unit shipment and forecast 2017-2022 (thousands of units)
Exhibit 49: Smart glasses - Unit shipment year-over-year growth 2018-2022 (%)
Exhibit 50: Smart glasses - ASP 2017-2022 ($ per unit)
Exhibit 51: Market opportunity by product
Exhibit 52: Customer landscape
Exhibit 53: End-user - Market share 2017-2022 (%)
Exhibit 54: Comparison by end-user
Exhibit 55: Transport and logistics - Market size and forecast 2017-2022 ($ mn)
Exhibit 56: Transport and logistics - Year-over-year growth 2018-2022 (%)
Exhibit 57: Retail - Market size and forecast 2017-2022 ($ mn)
Exhibit 58: Retail - Year-over-year growth 2018-2022 (%)
Exhibit 59: Manufacturing - Market size and forecast 2017-2022 ($ mn)
Exhibit 60: Manufacturing - Year-over-year growth 2018-2022 (%)
Exhibit 61: Healthcare - Market size and forecast 2017-2022 ($ mn)
Exhibit 62: Healthcare - Year-over-year growth 2018-2022 (%)
Exhibit 63: Others - Market size and forecast 2017-2022 ($ mn)
Exhibit 64: Others - Year-over-year growth 2018-2022 (%)
Exhibit 65: Market opportunity by end-user
Exhibit 66: Global - Market share by geography 2017-2022 (%)
Exhibit 67: Regional comparison
Exhibit 68: Americas - Market size and forecast 2017-2022 ($ mn)
Exhibit 69: Americas - Year-over-year growth 2018-2022 (%)
Exhibit 70: EMEA - Market size and forecast 2017-2022 ($ mn)
Exhibit 71: EMEA - Year-over-year growth 2018-2022 (%)
Exhibit 72: APAC - Market size and forecast 2017-2022 ($ mn)
Exhibit 73: APAC - Year-over-year growth 2018-2022 (%)
Exhibit 74: Key leading countries
Exhibit 75: Market opportunity
Exhibit 76: Prices of industrial wearable devices as of January 10, 2017
Exhibit 77: Vendor landscape
Exhibit 78: Landscape disruption
Exhibit 79: Vendors covered
Exhibit 80: Vendor classification
Exhibit 81: Market positioning of vendors
Exhibit 82: Epson: Overview
Exhibit 83: Epson - Business segments
Exhibit 84: Epson - Organizational developments
Exhibit 85: Epson - Geographic focus
Exhibit 86: Epson - Segment focus
Exhibit 87: Epson - Key offerings
Exhibit 88: Vuzix: Overview
Exhibit 89: Vuzix - Organizational developments
Exhibit 90: Vuzix - Geographic focus
Exhibit 91: Vuzix - Segment focus
Exhibit 92: Vuzix - Key offerings
Exhibit 93: Vendor landscape
Exhibit 94: Landscape disruption
Exhibit 95: Vendors covered
Exhibit 96: Vendor classification
Exhibit 97: Market positioning of vendors
Exhibit 98: Eurotech: Overview
Exhibit 99: Eurotech - Business segments
Exhibit 100: Eurotech - Organizational developments
Exhibit 101: Eurotech - Geographic focus
Exhibit 102: Eurotech - Segment focus
Exhibit 103: Eurotech wrist computer- Key offerings
Exhibit 104: Eurotech ring scanners- Key offerings
Exhibit 105: Generalscan: Overview
Exhibit 106: Generalscan - Business segments
Exhibit 107: Generalscan - Geographic focus
Exhibit 108: Generalscan - Segment focus
Exhibit 109: Generalscan smart terminal- Key offerings
Exhibit 110: Generalscan ring scanners- Key offerings
Exhibit 111: Honeywell: Overview
Exhibit 112: Honeywell- Business segments
Exhibit 113: Honeywell - Organizational developments
Exhibit 114: Honeywell - Geographic focus
Exhibit 115: Honeywell - Segment focus
Exhibit 116: Honeywell wrist computer - Key offerings
Exhibit 117: Honeywell ring scanners - Key offerings
Exhibit 118: Shenzhen Unique Electronic International: Overview
Exhibit 119: Shenzhen Unique Electronic International - Geographic focus
Exhibit 120: Shenzhen Unique Electronic International - Segment focus
Exhibit 121: Shenzhen Unique Electronic International smart terminals - Key offerings
Exhibit 122: Shenzhen Unique Electronic International ring scanners - Key offerings
Exhibit 123: Zebra: Overview
Exhibit 124: Zebra - Business segments
Exhibit 125: Zebra - Organizational developments
Exhibit 126: Zebra - Geographic focus
Exhibit 127: Zebra - Segment focus
Exhibit 128: Zebra wrist computer - Key offerings
Exhibit 129: Zebra ring scanners - Key offerings

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