Major players in wearable sensor market have diversified product portfolios, strong geographical reach, and have made several strategic initiatives. The dynamics of the wearable sensor market extends beyond routine macro-economic elements of supply and demand. It is the relationship between buyer's needs and seller's capabilities as well as the macroeconomic forces at work that affect the market. It is how well and how efficiently the sellers meet the needs of the buyers that determine long-term success.
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Over the years, the level of demand for wearable sensors has increased due increasing trend towards smaller, smarter, and cheaper sensors. Wearable sensor is used for a variety of applications, such as wristwear, eyewear, footwear, neckwear, bodywear, and others and is forecast to grow at a CAGR of 30%. The major growth drivers for this market are increasing trend towards smaller, smarter, and cheaper sensors, miniaturization trend in sensors, rising share of aging population, mounting benefits of wearable devices in the healthcare sector, advent of platforms such as IOT, AR, and M2M, growing interest of tier-1 players in wearable ecosystem, and growing trend toward smart living among end users.
Firms that produce wearable sensor are approaching market opportunities with starkly different strategies. Lucintel, a leading global Management Consulting and market research firm, has analyzed the global wearable sensor suppliers and has come up with a comprehensive research report, “Lucintel Leadership Quadrant and Strategic Positioning of Wearable Sensor Suppliers”. Using its proprietary research methodology, Lucintel has developed a comparative analysis tool, the ‘Lucintel Leadership Quadrant,’ which identifies leaders, contenders, visionaries, and specialists in the wearable sensor market and rates each wearable sensor producer on two primary criteria as shown below:
1. Alignment with market opportunity
2. Ability to gain market share
In this research study, leading players such as Stmicroelectronics, Infineon Technologies AG, NXP Semiconductors, Robert Bosch GmbH, Invensense, Inc., TE Connectivity Ltd., Sensirion AG, and Texas Instruments Inc. are analyzed and profiled based on various parameters such as target markets, product mapping, selling strategies, production capabilities, geographic footprint, financial, new product developments, market share, innovation, and other benchmarks. Some of the features of this research study are as follows:
Leadership and competitive analysis:
Product mapping of leading players
Benchmarking of financial strength of leading players
Leadership quadrant / strategic positioning of players
Leaders
Contenders
Visionaries
Specialists
Market shares of leading players in various regions:
North America
Europe
Asia Pacific
The Rest of the World
Profiles of leading players in terms of below parameters:
Product positioning
Market positioning
Financial strength
Revenue breakdown by market segments
Revenue breakdown by regions
Organizational capabilities
Innovation and market leadership
Designed for the industry professionals, financial services firms, and users of wearable sensor, this more than 140-pages report will enable you to understand competitive landscape of wearable sensor market. It will allow you to determine which companies are better aligned with future market opportunities and which has the ability to gain additional market share. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/wearable-sensor-leadership.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.