Press release
Global Electronic Skin Market is estimated to Grow at the Highest Growth Rate till 2023 | Key players: 3M, Physical Optics Corporation
Electronic Skin Market
Market Scenario:
Electronic skin is the device which makes use of distributed sensor technology to measure the pressure, temperature and possess the property of self-healing. Electronic skin has the major applications in the field of health monitoring and robotics.
Continuous enhancement in the field of advanced materials and nanotechnology has become the significant factor in boosting the e-skin market. Consumer electronics has been playing a major role in the healthcare sector. Development in the field of wearable technology specifically in the field of healthcare becomes the core factor in driving the market. The factor which is restraining the market growth is the time consuming manufacturing process and lack of innovation in the product. Immense research and development in the electronic skin has fuelled the growth of wearable technology, thereby generating more opportunities for the smart sportswear industry.
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Market Segmentation:
The electronic skin market is primarily bifurcated on the basis of components used and applications. Depending upon the components used for the manufacturing, the market is segmented into: stretchable circuits, electro-active polymers, stretchable conductors and organic photovoltaic. Based on the adoption of the product in different sectors the market is segmented into: consumer goods, automotive electronics, healthcare and medicine and Telecom sectors.
Regional Analysis:
Depending upon the geographical areas covered the market is studied across: North America, Europe, Asia-Pacific and Latin America, Middle East and Africa (LAMEA). Among the regions studied, North America is expected to continue the leadership in the market mainly due to the advancement in the field of nanotechnology and wearable electronics. Asia Pacific is anticipated to emerge as a fastest growing player mainly due to the presence of prominent electronic manufacturers.
Competitive Analysis:
The major players in the electronic skin market are focusing on developing innovative solutions to meet the requirements of various end-use industries. The key players operating the market are: Koninklijke Philips N.V, Adidas AG, 3M, Physical Optics Corporation, MC10, BodyMedia, PARC, Cambrios and more.
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Electronic Skins Market Segmentation:
By Component:
• Stretchable Circuits
• Electro-active polymers
• Stretchable Conductors
• Photovoltaics
By Applications:
• Consumer Goods
• Automotive Electronics
• Healthcare and Medicine
• Telecom
Regions Covered:
• North America (U.S and Canada)
• Europe (Germany, France, Italy and Rest of Europe)
• Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific)
• LAMEA (Brazil, Turkey, Saudi Arabia, South Africa and Rest of LAMEA)
Last, It offers in-depth information obtained through extensive primary and secondary research methods. The information has been further assessed using various effective analytical tools.
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We at Garner Insights.com provide a comprehensive analysis by providing in-depth reports of the various market verticals. Our Mission is to provide a detailed analysis of the vast markets worldwide backed by rich data. Decision makers can now rely on our well-defined data gathering methods to get the correct and accurate market forecasting along with detailed analysis.
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