Wearable sensors are an important component of wearable technology that are embedded in smart wearable devices to monitor several parameters such as temperature, blood pressure, speed, and muscle activity. The wearable sensors ensure that the data is monitored and stored for our better understanding of physical health and fitness. Recently, these sensors became increasingly popular attributed to the growing demand for smart wearable technology based devices. They are used in various applications in areas such as fitness wearable, access control, and medical based wearable among others.
Presently, the simple wearable devices have transformed into more sophisticated and multifunctional devices. The usage of multiple wearable sensors embedded into a single wearable device has increased, on an average of one wearable sensor to four wearable sensors per device. Moreover, players such as Google, Microsoft, and Nike are entering the wearable device market with sophisticated wearable gadgets, which is further fueling the growth of the wearable sensors market.
Moreover, demand for fitness and health monitoring wearable gadget are on the rise. These wearable fitness and health monitoring devices include various wearable sensors such as motion, pressure, and pulse sensors. These wearable devices are capable of monitoring heart rates, calculating burnt calories, and measuring blood pressure, among others.
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Wearable Sensors: Type
The global wearable sensors market, by type, is categorized into medical based sensors, motion sensors, temperature sensors, pressure sensors, image sensors, position sensors, and others. In 2013, wearable motion sensors segment dominated the global wearable sensors market in terms of revenue. Moreover, wearable motion sensors segment is expected to continue its dominance throughout the forecast period. Increasing application of motion sensors in smart wearable devices such as shoes, fitness bands, and medical wearable devices for tracking physical activity and fitness is driving the growth of the segment.
Wearable Sensors: Applications
The global wearable sensor market is categorized based on application into: eye wear, wrist wear, foot wear, body wear and others. In 2013, wrist wear application segment held the majority of the market share in terms of revenue and is expected to continue its dominance during the forecast period. Smart wearable wrist wear has already been in the market for sometime in the form of fitness bands and smart watches, and has become popular in some of the regions.
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Key players in the wearable sensors market include Analog Devices, Inc. (U.S.), Broadcom Corporation (U.S.), Freescale Semiconductor Inc. (U.S.), Infineon Technologies AG (Germany), InvenSense, Inc. (U.S.), NXP Semiconductors N.V. (Netherlands), and Panasonic Corporation (Japan) among others.