Smart Glove Market to Witness Exponential Growth by 2023 - PR News

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Friday, 15 November 2019

Smart Glove Market to Witness Exponential Growth by 2023

A new market research report on the Global Smart Glove market has introduced by KD Market Insights. The report is dedicated to in-depth industry analysis of the global Smart Glove market. The Global Smart Glove Market analysis is broken down on different segmentation levels including Market By Usage, By Industry Vertical.
 
The global smart glove market was valued at $1,740 million in 2016, and is estimated to reach $3,373 million by 2023, growing at a CAGR of 9.5% from 2017 to 2023. Smart wearable gloves are electronic devices with microcontrollers worn on hands as an accessory. This design incorporates practical functions as well as features. Smart Gloves reinvents and modernize the classic use of the human hand. The report comprises the study of world Smart Glove Market that focuses on its various end users. The healthcare, industrial, fitness and other sectors have progressively deployed smart gloves. The healthcare sector has approved the use of smart gloves for real-time tracking of heartbeats, body hydration level, and converting hand gestures into speeches. The smart glove market is expected to witness significant growth in the future, owing to rising in purchasing power and strengthening economy across the globe.

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The Asia-Pacific market is expected to register the highest CAGR during the forecast period, due to the growth in technological developments and rise in purchasing power among people.

The global smart glove market is segmented based on usage, industry vertical, and geography. On the basis of usage, the market is classified into fitness tracker, specific health issue monitoring device, media & connected device and others. By industry vertical, it is divided into healthcare, industrial, fitness and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the study are Apple Inc., HaptX, Flint Rehab, Maze Exclusive, NEOFECT, Vandrico Solutions Inc. (Oxstren), Workaround GmbH (ProGlove), Samsung Electronics Co. Ltd., Seekas Technology Co. Ltd., and Lab Brothers LLC. The report analyzes the key strategies adopted by these players and the detailed analysis of the current trends, upcoming opportunities, and restraints of the smart glove market.

KEY BENEFITS FOR STAKEHOLDERS
- In-depth analysis and dynamics of the smart glove market is provided to understand the market scenario.
- Quantitative analysis of the current trends and future estimations from 2017 to 2023 is provided to assist strategists and stakeholders to capitalize on the prevailing market opportunities.
- Porter's five forces analysis examines the competitive structure, and provides a clear understanding of the factors that influence market entry and expansion.
- A detailed analysis of the geographical segments enables the identification of profitable segments for market players
- Comprehensive analysis of the trends, subsegments, and key revenue pockets of the market is provided.

KEY MARKET SEGMENTS

By Usage
- Fitness Tracker
- Specific Health Issue Monitoring Device
- Media & Connected Device
- Others

By Industry Vertical
- Healthcare
- Industrial
- Fitness
- Others

By Region
North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa

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Table of Content
 
CHAPTER 1: INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE

CHAPTER 3: MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.2.3.1. Top winning strategies, by year, 2015-2017*
3.2.3.2. Top winning strategies, by development, 2015-2017* (%)
3.2.3.3. Top winning strategies, by company, 2015-2017*
3.3. PORTERS FIVE FORCES ANALYSIS
3.3.1. Moderate-to-high bargaining power of suppliers
3.3.2. Moderate threat of new entrants
3.3.3. Low-to-moderate threat of substitutes
3.3.4. High intensity of rivalry
3.3.5. Moderate bargaining power of buyers
3.4. KEY PLAYER POSITIONING (2016)
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Advancement in research and technology
3.5.1.2. Entry of smaller players
3.5.1.3. Growth in the usage of wearable technologies
3.5.2. Restraint
3.5.2.1. Design roadblock
3.5.2.2. High cost of manufacturing
3.5.3. Opportunities
3.5.3.1. High growth rate in smaller market segment
3.5.3.2. Increasing flexibility in wearable technology

CHAPTER 4: SMART GLOVES MARKET, BY USAGE
4.1. OVERVIEW
4.2. FITNESS TRACKER
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country
4.3. SPECIFIC HEALTH MONITORING DEVICE
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country
4.4. MEDIA & CONNECTED DEVICE
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis by country
4.5. OTHERS
4.5.1. Key market trends, growth factors, and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market analysis by country

CHAPTER 5: SMART GLOVES MARKET, BY INDUSTRY VERTICAL
5.1. OVERVIEW
5.2. HEALTHCARE
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country
5.3. INDUSTRIAL
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country
5.4. FITNESS
5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis by country
5.5. OTHERS
5.5.1. Key market trends, growth factors, and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis by country

CHAPTER 6: SMART GLOVES MARKET, BY REGION
6.1. OVERVIEW
6.2. NORTH AMERICA
6.2.1. Key market trends and opportunities
6.2.2. Market size and forecast by usage
6.2.3. Market size and forecast, by industry vertical
6.2.4. Market analysis by country
6.2.4.1. U.S.
6.2.4.1.1. Market size and forecast, by usage
6.2.4.1.2. Market size and forecast, by industry vertical
6.2.4.2. Canada
6.2.4.2.1. Market size and forecast, by usage
6.2.4.2.2. Market size and forecast, by industry vertical
6.2.4.3. Mexico
6.2.4.3.1. Market size and forecast, by usage
6.2.4.3.2. Market size and forecast, by industry vertical
6.3. EUROPE
6.3.1. Key market trends and opportunities
6.3.2. Market size and forecast by usage
6.3.3. Market size and forecast, by industry vertical
6.3.4. Market analysis by country
6.3.4.1. UK
6.3.4.1.1. Market size and forecast, by usage
6.3.4.1.2. Market size and forecast, by industry vertical

6.3.4.2. Germany
6.3.4.2.1. Market size and forecast, by usage
6.3.4.2.2. Market size and forecast, by industry vertical
6.3.4.3. France
6.3.4.3.1. Market size and forecast, by usage
6.3.4.3.2. Market size and forecast, by industry vertical
6.3.4.4. Rest of Europe
6.3.4.4.1. Market size and forecast, by usage
6.3.4.4.2. Market size and forecast, by industry vertical
6.4. ASIA-PACIFIC
6.4.1. Key market trends and opportunities
6.4.2. Market size and forecast by usage
6.4.3. Market size and forecast, by industry vertical
6.4.4. Market analysis by country
6.4.4.1. China
6.4.4.1.1. Market size and forecast, by usage
6.4.4.1.2. Market size and forecast, by industry vertical
6.4.4.2. India
6.4.4.2.1. Market size and forecast, by usage
6.4.4.2.2. Market size and forecast, by industry vertical
6.4.4.3. Japan
6.4.4.3.1. Market size and forecast, by usage
6.4.4.3.2. Market size and forecast, by industry vertical
6.4.4.4. Rest of Asia-Pacific
6.4.4.4.1. Market size and forecast, by usage
6.4.4.4.2. Market size and forecast, by industry vertical
6.5. LAMEA
6.5.1. Key market trends and opportunities
6.5.2. Market size and forecast by usage
6.5.3. Market size and forecast, by industry vertical
6.5.4. Market analysis by sub-region
6.5.4.1. Latin America
6.5.4.1.1. Market size and forecast, by usage
6.5.4.1.2. Market size and forecast, by industry vertical

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