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ID: MRFR/SEM/0316-HCR | February 2021 | Region: Global | 170 pages
Impact of COVID-19 on the Wearable Technology Component Market
The COVID-19 pandemic has had a major impact on the global economy. The pandemic has created several challenges in the industrial and commercial sectors such as supply chain disruptions, the halting of exports and imports, a decline in market demand, and delays in several projects across various industries. In addition to this, the pandemic has also influenced the purchasing power and spending behavior of end users. However, the wearable technology component market is anticipated to grow at a significant rate owing to the rising number of smartphone users, wearable devices, and implants among individuals across the world. This scenario has showcased a strong demand for wearable technology components in the global market. However, the outbreak of COVID-19 and lockdown restrictions imposed globally have posed several challenges for the manufacturers and suppliers in the global wearable technology component market. Additionally, players in the market, such as Apple Inc., Misfit, Inc., Samsung Electronics Co., Ltd., Qualcomm Technologies, Inc., are facing a lot of challenges in their supply chain management amidst the global lockdown. There was a resultant decline in the supply of wearable technology components in the global market.
Irrespective of the COVID outbreak, MRFR predicts that the overall demand for wearable technology components is anticipated to surge in the upcoming months of 2020. The COVID-19 pandemic has had a moderate impact on the wearable technology component market. The increasing demand for wearable devices in sectors including infotainment, telemedicine, and navigation, growing health awareness among individuals, and the adoption of implants & smart clothing are some of the factors which propel the demand in the wearable technology component market. Furthermore, people across the globe are spending much of their time being at home and using electronic devices such as smartphones, cameras, and wearable devices as a popular activity to counter the effects of social distancing. These factors have created an upsurge in demand for wearable technology components during the COVID-19 pandemic, which in turn has helped to boost the revenues of wearable technology component companies operating in the global market. Additionally, the players in the wearable technology component market are focused on the development of new business models and strategies to meet consumer demand in the global market.
Number of Connected Wearable Devices Worldwide
Source: Statista
Impact Analysis
TABLE OF CONTENTS
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Porter’s Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining power of buyers
4.1.3 Threat of substitutes
4.1.4 Segment rivalry
4.1.5 Bargaining power of suppliers
4.2 Value Chain/Supply Chain of Wearable Technology Component Market
5 Industry Overview of Wearable Technology Component Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact analysis
5.4 Market Challenges
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact analysis
7. Wearable Technology Component Market by Product
7.1 Introduction
7.2 Wristwear
7.2.1 Market Estimates & Forecast, 2020-2027
7.2.2 Market Estimates & Forecast by Region, 2020-2027
7.3 Headwear
7.3.1 Market Estimates & Forecast, 2020-2027
7.3.2 Market Estimates & Forecast by Region, 2020-2027
7.4 Eyewear
7.4.1 Market Estimates & Forecast, 2020-2027
7.4.2 Market Estimates & Forecast by Region, 2020-2027
7.5 Neckwear
7.5.1 Market Estimates & Forecast, 2020-2027
7.5.2 Market Estimates & Forecast by Region, 2020-2027
7.6 Smart Clothing
7.6.1 Market Estimates & Forecast, 2020-2027
7.6.2 Market Estimates & Forecast by Region, 2020-2027
7.7 Wearable Cameras
7.7.1 Market Estimates & Forecast, 2020-2027
7.7.2 Market Estimates & Forecast by Region, 2020-2027
7.8 Implants
7.8.1 Market Estimates & Forecast, 2020-2027
7.8.2 Market Estimates & Forecast by Region, 2020-2027
8. Wearable Technology Component Market by Technology
8.1 Introduction
8.2 Computing Technology
8.2.1 Market Estimates & Forecast, 2020-2027
8.2.2 Market Estimates & Forecast by Region, 2020-2027
8.3 Display Technology
8.3.1 Market Estimates & Forecast, 2020-2027
8.3.2 Market Estimates & Forecast by Region, 2020-2027
8.4 Networking Technology
8.4.1 Market Estimates & Forecast, 2020-2027
8.4.2 Market Estimates & Forecast by Region, 2020-2027
8.5 Sensor Technology
8.5.1 Market Estimates & Forecast, 2020-2027
8.5.2 Market Estimates & Forecast by Region, 2020-2027
9. Wearable Technology Component Market by Components
9.1 Introduction
9.2 Computing Control
9.2.1 Market Estimates & Forecast, 2020-2027
9.2.2 Market Estimates & Forecast by Region, 2020-2027
9.3 Display Memory
9.3.1 Market Estimates & Forecast, 2020-2027
9.3.2 Market Estimates & Forecast by Region, 2020-2027
9.4 Battery
9.4.1 Market Estimates & Forecast, 2020-2027
9.4.2 Market Estimates & Forecast by Region, 2020-2027
9.5 Sensing
9.5.1 Market Estimates & Forecast, 2020-2027
9.5.2 Market Estimates & Forecast by Region, 2020-2027
9.6 Connectivity
9.6.1 Market Estimates & Forecast, 2020-2027
9.6.2 Market Estimates & Forecast by Region, 2020-2027
10. Wearable Technology Component Market by Application
10.1 Introduction
10.2 Fitness and Wellness
10.2.1 Market Estimates & Forecast, 2020-2027
10.2.2 Market Estimates & Forecast by Region, 2020-2027
10.3 Healthcare
10.3.1 Market Estimates & Forecast, 2020-2027
10.3.2 Market Estimates & Forecast by Region, 2020-2027
10.4 Consumer Electronics
10.4.1 Market Estimates & Forecast, 2020-2027
10.4.2 Market Estimates & Forecast by Region, 2020-2027
10.5 Defense
10.5.1 Market Estimates & Forecast, 2020-2027
10.5.2 Market Estimates & Forecast by Region, 2020-2027
10.6 Enterprise and Industrial Applications
10.6.1 Market Estimates & Forecast, 2020-2027
10.6.2 Market Estimates & Forecast by Region, 2020-2027
11 Wearable Technology Component Market by Region
11.1 Introduction
11.2 North America
11.2.1 Market Estimates & Forecast, 2020-2027
11.2.2 Market Estimates & Forecast by Product, 2020-2027
11.2.3 Market Estimates & Forecast by Technology, 2020-2027
11.2.4 Market Estimates & Forecast by Components, 2020-2027
11.2.5 Market Estimates & Forecast by Application, 2020-2027
11.2.6 U.S.
11.2.6.1 Market Estimates & Forecast, 2020-2027
11.2.6.2 Market Estimates & Forecast by Products, 2020-2027
11.2.6.3 Market Estimates & Forecast by Technology, 2020-2027
11.2.6.4 Market Estimates & Forecast by Components, 2020-2027
11.2.6.5 Market Estimates & Forecast by Application, 2020-2027
11.2.7 Canada
11.2.7.1 Market Estimates & Forecast, 2020-2027
11.2.7.2 Market Estimates & Forecast by Products, 2020-2027
11.2.7.3 Market Estimates & Forecast by Technology, 2020-2027
11.2.7.4 Market Estimates & Forecast by Components, 2020-2027
11.2.7.5 Market Estimates & Forecast by Application, 2020-2027
11.2.8 Mexico
11.2.8.1 Market Estimates & Forecast, 2020-2027
11.2.8.2 Market Estimates & Forecast by Products, 2020-2027
11.2.8.3 Market Estimates & Forecast by Technology, 2020-2027
11.2.8.4 Market Estimates & Forecast by Components, 2020-2027
11.2.8.5 Market Estimates & Forecast by Application, 2020-2027
11.3 Europe
11.3.1 Market Estimates & Forecast, 2020-2027
11.3.2 Market Estimates & Forecast by Products, 2020-2027
11.3.3 Market Estimates & Forecast by Technology, 2020-2027
11.3.4 Market Estimates & Forecast by Components, 2020-2027
11.3.5. Market Estimates & Forecast by Application, 2020-2027
11.3.6 Germany
11.3.6.1 Market Estimates & Forecast, 2020-2027
11.3.6.2 Market Estimates & Forecast by Products, 2020-2027
11.3.6.3 Market Estimates & Forecast by Technology, 2020-2027
11.3.6.4 Market Estimates & Forecast by Components, 2020-2027
11.3.6.5 Market Estimates & Forecast by Application, 2020-2027
11.3.7 France
11.3.7.1 Market Estimates & Forecast, 2020-2027
11.3.7.2 Market Estimates & Forecast by Products, 2020-2027
11.3.7.3 Market Estimates & Forecast by Technology, 2020-2027
11.3.7.4 Market Estimates & Forecast by Components, 2020-2027
11.3.7.5 Market Estimates & Forecast by Application, 2020-2027
11.3.8 Italy
11.3.8.1 Market Estimates & Forecast, 2020-2027
11.3.8.2 Market Estimates & Forecast by Products, 2020-2027
11.3.8.3 Market Estimates & Forecast by Technology, 2020-2027
11.3.8.4 Market Estimates & Forecast by Components, 2020-2027
11.3.8.5 Market Estimates & Forecast by Application, 2020-2027
11.3.9 Spain
11.3.9.1 Market Estimates & Forecast, 2020-2027
11.3.9.2 Market Estimates & Forecast by Products, 2020-2027
11.3.9.3 Market Estimates & Forecast by Technology, 2020-2027
11.3.9.4 Market Estimates & Forecast by Components, 2020-2027
11.3.9.5 Market Estimates & Forecast by Application, 2020-2027
11.3.10 U.K
11.3.10.1 Market Estimates & Forecast, 2020-2027
11.3.10.2 Market Estimates & Forecast by Products, 2020-2027
11.3.10.3 Market Estimates & Forecast by Technology, 2020-2027
11.3.10.4 Market Estimates & Forecast by Components, 2020-2027
11.3.10.5 Market Estimates & Forecast by Application, 2020-2027
11.4 Asia-Pacific
11.4.1 Market Estimates & Forecast, 2020-2027
11.4.2 Market Estimates & Forecast by Products, 2020-2027
11.4.3 Market Estimates & Forecast by Technology, 2020-2027
11.4.4 Market Estimates & Forecast by Components, 2020-2027
11.4.5 Market Estimates & Forecast by Application, 2020-2027
11.4.6 China
11.4.6.1 Market Estimates & Forecast, 2020-2027
11.4.6.2 Market Estimates & Forecast by Products, 2020-2027
11.4.6.3 Market Estimates & Forecast by Technology, 2020-2027
11.4.6.4 Market Estimates & Forecast by Components, 2020-2027
11.4.6.5 Market Estimates & Forecast by Application, 2020-2027
11.4.7 India
11.4.7.1 Market Estimates & Forecast, 2020-2027
11.4.7.2 Market Estimates & Forecast by Products, 2020-2027
11.4.7.3 Market Estimates & Forecast by Technology, 2020-2027
11.4.7.4 Market Estimates & Forecast by Components, 2020-2027
11.4.7.5 Market Estimates & Forecast by Application, 2020-2027
11.4.8 Japan
11.4.8.1 Market Estimates & Forecast, 2020-2027
11.4.8.2 Market Estimates & Forecast by Products, 2020-2027
11.4.8.3 Market Estimates & Forecast by Technology, 2020-2027
11.4.8.4 Market Estimates & Forecast by Components, 2020-2027
11.4.8.5 Market Estimates & Forecast by Application, 2020-2027
11.4.9 Rest of Asia-Pacific
11.4.9.1 Market Estimates & Forecast, 2020-2027
11.4.9.2 Market Estimates & Forecast by Products, 2020-2027
11.4.9.3 Market Estimates & Forecast by Technology, 2020-2027
11.4.9.4 Market Estimates & Forecast by Components, 2020-2027
11.4.9.5 Market Estimates & Forecast by Application, 2020-2027
11.5 Rest of the World
11.5.1 Market Estimates & Forecast, 2020-2027
11.5.2 Market Estimates & Forecast by Products, 2020-2027
11.5.3 Market Estimates & Forecast by Technology, 2020-2027
11.5.4 Market Estimates & Forecast by Components, 2020-2027
11.5.5 Market Estimates & Forecast by Application, 2020-2027
11.5.6 The Middle East & Africa
11.5.6.1 Market Estimates & Forecast by Products, 2020-2027
11.5.6.2 Market Estimates & Forecast by Technology, 2020-2027
11.5.6.3 Market Estimates & Forecast by Components, 2020-2027
11.5.6.4 Market Estimates & Forecast by Application, 2020-2027
11.5.7 Latin America
11.5.7.1 Market Estimates & Forecast by Products, 2020-2027
11.5.7.2 Market Estimates & Forecast by Technology, 2020-2027
11.5.7.3 Market Estimates & Forecast by Components, 2020-2027
11.5.7.4 Market Estimates & Forecast by Application, 2020-2027
12. Company Landscape
13. Company Profiles
13.1 Adidas AG
13.1.1 Company Overview
13.1.2 Product/Business Segment Overview
13.1.3 Financial Updates
13.1.4 Key Developments
13.2 Xiaomi Inc.
13.2.1 Company Overview
13.2.2 Product/Business Segment Overview
13.2.3 Financial Updates
13.2.4 Key Developments
13.3 Apple Inc.
13.3.1 Company Overview
13.3.2 Product/Business Segment Overview
13.3.3 Financial Updates
13.3.4 Key Developments
13.4 Google Inc.
13.4.1 Company Overview
13.4.2 Product/Business Segment Overview
13.4.3 Financial Updates
13.4.4 Key Developments
13.5 Garmin Ltd.
13.5.1 Company Overview
13.5.2 Product/Business Segment Overview
13.5.3 Financial Updates
13.5.4 Key Developments
13.6 Fitbit
13.6.1 Company Overview
13.6.2 Product/Business Segment Overview
13.6.3 Financial Updates
13.6.4 Key Developments
13.7 Jawbone
13.7.1 Company Overview
13.7.2 Product/Business Segment Overview
13.7.3 Financial Updates
13.7.4 Key Developments
13.8 Samsung Electronics Co., Ltd.
13.8.1 Company Overview
13.8.2 Product/Business Segment Overview
13.8.3 Financial Updates
13.8.4 Key Developments
13.9 Sony Corporation
13.9.1 Company Overview
13.9.2 Product/Business Segment Overview
13.9.3 Financial Updates
13.9.4 Key Developments
13.10 Qualcomm Technologies, Inc.
13.10.1 Company Overview
13.10.2 Product/Business Segment Overview
13.10.3 Financial Updates
13.10.4 Key Developments
13.11 Nike, Inc.
13.11.1 Company Overview
13.11.2 Product/Business Segment Overview
13.11.3 Financial Updates
13.11.4 Key Developments
14 Conclusion
List of Tables
Table 1 Wearable Technology Component Market: By Region, 2020-2027
Table 2 North America: Wearable Technology Component Market: By Country, 2020-2027
Table 3 Europe: Wearable Technology Component Market: By Country, 2020-2027
Table 4 Asia-Pacific: Wearable Technology Component Market: By Country, 2020-2027
Table 5 Global Wearable Technology Component by Product Market: By Regions, 2020-2027
Table 6 North America: Wearable Technology Component by Product Market: By Country, 2020-2027
Table 7 Europe: Wearable Technology Component by Product Market: By Country, 2020-2027
Table8 Asia-Pacific: Wearable Technology Component by Product Market: By Country, 2020-2027
Table9 Global Wearable Technology Component by Technology Market: By Regions, 2020-2027
Table10 North America: Wearable Technology Component by Technology Market: By Country, 2020-2027
Table11 Europe: Wearable Technology Component by Technology Market: By Country, 2020-2027
Table12 Asia-Pacific: Wearable Technology Component by Technology Market: By Country, 2020-2027
Table13 Global Wearable Technology Component by Component Market: By Regions, 2020-2027
Table14 North America: Wearable Technology Component by Component Market: By Country, 2020-2027
Table15 Europe: Wearable Technology Component by Component Market: By Country, 2020-2027
Table16 Asia-Pacific: Wearable Technology Component by Component Market: By Country, 2020-2027
Table17 Global Wearable Technology Component by Application Market: By Regions, 2020-2027
Table18 North America: Wearable Technology Component by Application Market: By Country, 2020-2027
Table19 Europe: Wearable Technology Component by Application Market: By Country, 2020-2027
Table20 Asia-Pacific: Wearable Technology Component by Application Market: By Country, 2020-2027
Table21 Global Services Market: By Region, 2020-2027
Table22 North America: Wearable Technology Component Market, By Country
Table23 North America: Wearable Technology Component Market, By Product
Table24 North America: Wearable Technology Component Market, By Technology
Table25 North America: Wearable Technology Component Market, By Component
Table26 North America: Wearable Technology Component Market, By Application
Table27 Europe: Wearable Technology Component Market, By Country
Table28 Europe: Wearable Technology Component Market, By Product
Table29 Europe: Wearable Technology Component Market, By Technology
Table30 Europe: Wearable Technology Component Market, By Component
Table31 Europe: Wearable Technology Component Market, By Application
LIST OF FIGURES
FIGURE 1 Global Wearable Technology Component Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis of Global Wearable Technology Component Market
FIGURE 4 Value Chain of Global Wearable Technology Component Market
FIGURE 5 Share of Wearable Technology Component Market in 2020, by country (in %)
FIGURE 6 Global Wearable Technology Component Market, 2020-2027,
FIGURE 7 Global Wearable Technology Component Market size by Product, 2020-2027
FIGURE 8 Share of Global Wearable Technology Component Market by Product, (in %)
FIGURE 9 Global Wearable Technology Component Market size by Technology, 2020-2027
FIGURE 10 Share of Global Wearable Technology Component Market by Technology, (in %)
FIGURE 11 Global Wearable Technology Component Market size by Component, 2020-2027
FIGURE 12 Share of Global Wearable Technology Component Market by Component, (in %)
FIGURE 13 Global Wearable Technology Component Market size by Application, 2020-2027
FIGURE 14 Share of Global Wearable Technology Component Market by Application, (in %)