MRC recognizes the following companies as the key players in the global industrial wearable devices market: Epson, Vuzix, Eurotech, Generalscan, Honeywell, Shenzhen Unique Electronic International, Zebra.
MRC Announces the Publication of its Research Report – Global Industrial Wearable Devices Market 2018-2022
Commenting on the report, an analyst from MRC’s team said: “One trend in the market is patenting of technology. There are several vendors in the market for industrial wearable devices.
These vendors are beginning to patent their technological discoveries about industrial wearable devices. One of the signs of technology maturing is the number of patents granted in the field.There are several vendors for industrial wearable devices that have filed patents for their product.”
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According to the report, one driver in the market is augmented growth of IoT. There is a growing need to remain connected.
This has led to an increase in demand for more connected products. IoT is one such avenue that captures data from the surrounding stimuli and ensures that various products are connected.
IoT and smart products have created revolutionizing expectations about data and connectivity while opening new channels of business value. One such channel is the creation of industrial wearables.
Further, the report states that one challenge in the market is high cost of wearable devices. The market for industrial wearables is at the innovation stage, which is characterized by low sales and low consumer adoption.
However, by the end of the forecast period, industrial wearables will witness increased adoption in various industrial applications. One factor that would hinder the growth of the market is the high cost of these wearables.
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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Some points from TOC:-
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
Market segmentation analysis
PART 05: MARKET SIZING
Market sizing 2017
Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
PART 07: MARKET SEGMENTATION BY APPLICATION
Segmentation by application
Comparison by application
Warehouse management Market size and forecast 2017-2022
Training and simulation Market size and forecast 2017-2022
Service and maintenance Market size and forecast 2017-2022
Market opportunity by application
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