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Europe Wearable Sensors Market- Forecast to 2020


ID: MRFR/HC/2361-SR | 12 Pages | Author: MRFR Research Team| May 2017

Europe wearable sensors market to grow at a CAGR of 25.6 % during the forecasted period 2015-2020. Germany commands the largest market share of 27 % of Europe wearable sensors market. The market for Germany was valued at USD 18.3 million in 2015 and expected to reach at USD 93.3 million by 2020.


Wearable sensors can be used in different sports and occasion. They can be carried anywhere. Wearable devices are gaining attention in research activities. Increasing applications of wearable devices in healthcare and fitness is one of the drivers of this market. With the minituarization model and falling prices, more number of sensors are expected to be in use in the forecast period. This devices are used in many of the different devices like watch, smart phones, VR headsets, jewelry and many more. The interest of wearable devices has been significantly noticeable in Germany, however 2014 sales were relatively less with respect to the total German population. However, it has been observed that most of the population in Germany already owns a fitness device for counting burnt, calories, heart rate or steps. Most of the time people don’t connect all these devices to portable devices and let it function on its own. Spain being one of the highest populous countries of Europe had a higher penetration of smartphone in 2014.


Europe wearable sensors market is segmented on the basis of application into Smart wristwear, Smart body-wears, Smart foot-wears, Smart glasses and other. On the basis of end user they are healthcare applications, consumer applications, enterprise & industrial applications and other applications. On the basis of region market is segmented into Germany, U.K., Spain, Netherland and Rest of Europe.


Europe wearable sensors market is increasing continuously incoming future. On the basis of end users Consumer Applications segment accounted for the largest market share in 2015 which is expected to reach USD 133.1 million by 2020 at a CAGR of 25.3 %, whereas Healthcare Applications are expected to witness highest CAGR of 26 % during the forecast period from 2015- 2020.


Smart wristwear accounted for the largest market share of wearable sensors market on the basis of application, which is expected to reach till USD 173.2 million by 2020. Smart glasses is the fastest growing segment which is expected to grow at a CAGR of 36.6 % during forecasted period from 2015 -2020.

FIGURE 1 Europe Wearable Sensors Market Share, 2015 (%)

Europe wearable sensors market share, 2015

FIGURE 2 Europe Wearable Sensors Market Share, 2020 (%)

Europe wearable sensors market share, 2020


Europe wearable sensors market statistical report published by Market Research future contains a brief overview of wearable sensors market. Germany commands the largest share and is expected to grow continuously during the forecasted period of 2015-2020. The report analyzed the Europe wearable sensors market and presents systematic data of market share on the basis of country, type, and industry and its growth rate for 2015 to 2016, along with forecast till 2020.


Market Research future through this report aims to provide understanding of the Europe wearable sensors market on the basis of country, type, and industry and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this report, extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted and interviewed to get an idea of Europe wearable sensors market.


List of Tables


 TABLE 1        Europe Wearable Sensors market by application, $Million (2015-2020)


TABLE 2        Europe Wearable Sensors market by application, Million Units (2015-2020)


TABLE 3        Europe Wearable Sensors Market, by end user, $million (2015 – 2020)


TABLE 4        Europe Wearable Sensors Market, by end user, million units (2015 – 2020)


TABLE 5        Europe Wearable Sensors market by country, $million (2015 – 2020)


TABLE 6        Europe Wearable Sensors market by country, million units (2015 – 2020)


 


List of Figures


 FIGURE 1      figure 1 Europe Wearable Sensors market share by application, 2016 (%)


FIGURE 2      Europe Wearable Sensors market by application, $Million, 2015 & 2020


FIGURE 3      Europe Wearable Sensors Market, by End user, 2016 (%)


FIGURE 4      Europe Wearable Sensors MARKET, BY END USer, $MILLION, 2015 & 2020


FIGURE 5      Europe Wearable Sensors MARKET, BY Country, 2016 (%)


FIGURE 6      Europe Wearable Sensors Market BY COUNTRY, $MILLION, 2015 & 2020


 


 

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