Global industrial wearable market By Key Players, Deployment Type, Applications, Vertical, and Region – Forecast

SDKI Inc. published a new report on the global industrial wearable market. This study includes the statistical and analytical approaches needed to grow the industrial wearable market. The key industry insights provided in the report provide readers with better ideas about market overviews regarding existing market scenarios. In addition, the report contains a detailed discussion of current and future market trends related to market growth.

Report sample URL
https://www.sdki.jp/sample-request-111637

The industrial wearable market is estimated to reach US $ 10.86 billion by 2030 from a market value of US $ 4.79 billion in 2022 and is expected to grow at a CAGR of 12.4% during the 2022-2030 forecast period.

Industrial wearables are productivity, safety, and efficiency in their respective workplaces in various fields. It is a device developed for the human body to improve. These sectors include manufacturing, logistics, mining, aerospace and defense. These wearables consist of sensors, controllers, and surveillance platforms. Because these devices can connect to mobile devices, they help communicate and transmit data via cellular technology, helping to improve daily.

In addition, increased market share is increasing due to increased manufacturer investment in AR and VR technologies. In 2019, Magic Leap worked with Sketchfab (US) to create augmented reality (XR) content using javascript for 3D, VR, and AR content, according to company sources. Improving worker efficiency and advances in the Internet of Things, artificial intelligence, big data analytics, and cloud computing are driving the adoption of industrial wearables during the forecast period. In 2018, Epson launched Epson Moverio Assist, a remote assistance and inspection solution for field tasks using Moverio's smart glasses, according to company sources. This allows workers to inspect the solution without harming themselves. It also contributed to the growth of the industrial wearable market during the forecast period.

However, the high manufacturing costs of advanced research and development and the short life of smart wearable devices can hinder the growth of the industrial wearable market during the 2022-2030 forecast period.

Report sample URL
https://www.sdki.jp/sample-request-111637

Industrial Wearable Market Segment

Industrial wearable market is by type (smartwatch, glasses, headset, smartband), component (sensor, display, connectivity, etc.), industrial vehicle (manufacturing, automobile, aerospace, etc.). (Defense, etc.), and divided by region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

Regional Overview of the Industrial Wearable Market

North American region is the world's leading region in terms of market share. This is due to the presence of key market players in the region, high demand for smart devices, and an established information technology infrastructure. Meanwhile, the Asia Pacific industrial wearable market is also expected to show the highest growth rate / CAGR during the 2022-2030 forecast period. Factors such as increased labor productivity, the resulting increased demand for safety devices, adaptation to digitalization, and government initiatives create favorable growth opportunities for the industrial wearable market in the Asia-Pacific region.

These regional segments are North America (US and Canada); Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Singapore, Other Asia Pacific); Latin America (Brazil, Mexico, Argentina, etc.) Latin America); Middle East and Africa (Israel, GCC [Saudi Arabia, Arab Emirates, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, and other Middle East and Africa) and Europe (UK, Germany, France, Italy) , Spain, Hungary, Belgium, Netherlands, Luxemburg, NORDIC, Poland, Turkey, Russia and other Europe) and more.

Key players

Industrial wearable market Key players in the industrial wearable market include Microsoft Corporation, Honeywell International Inc., Samsung Electronics Co. Ltd., Seiko Epson Corporation, Fujitsu Ltd., IMEC, RealWear, Sony Corporation. , Vuzix Corporation, Proglove and more. The survey includes a detailed competitive analysis of these major companies in the industrial wearable market, corporate profiles, recent developments, and key market strategies.

Details of the survey report https://www.sdki.jp/press-details/global-industrial-wearable-market/329

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This release was published on openPR.