Industrial Wearables

Industrial Wearables

Global Industrial Wearables Market to Reach $21.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Industrial Wearables estimated at US$1.6 Billion in the year 2020, is projected to reach a revised size of US$21.4 Billion by 2027, growing at a CAGR of 44.8% over the analysis period 2020-2027. AR Glasses, one of the segments analyzed in the report, is projected to record a 48% CAGR and reach US$8.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the VR Headsets segment is readjusted to a revised 44.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $485.3 Million, While China is Forecast to Grow at 42.1% CAGR

The Industrial Wearables market in the U.S. is estimated at US$485.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.3 Billion by the year 2027 trailing a CAGR of 42.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 41.1% and 37.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 30.2% CAGR.

Smartwatches Segment to Record 43% CAGR

In the global Smartwatches segment, USA, Canada, Japan, China and Europe will drive the 42.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$265.6 Million in the year 2020 will reach a projected size of US$3.2 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.6 Billion by the year 2027.

Select Competitors (Total 36 Featured) -

  • Apple Inc.
  • Asus
  • Epson
  • Fitbit
  • Fossil
  • Fujitsu
  • Google
  • Honeywell
  • HTC
  • Magic Leap
  • Microsoft
  • Oculus VR (Facebook)
  • Olympus
  • Optinvent
  • RealWear
  • Samsung Electronics Co. Ltd.
  • Thirdeye
  • Vuzix
  • Workerbase
  • Zepcam
Please note: Reports are sold as single-site single-user licenses. The delivery time for hard copies is between 3-5 business days, as each hard copy is custom printed for the organization ordering it. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.


I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid 19 and a Looming Global Recession
Global Competitor Market Shares
Industrial Wearables Competitor Market Share Scenario Worldwide (in %): 2020E
Global Competitor Market Shares by Segment
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: World Current & Future Analysis for Industrial Wearables by Geographic Region USA,
Canada, Japan, China, Europe, Asia Pacific and Rest of World Markets Independent Analysis of
Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 2: World 7 Year Perspective for Industrial Wearables by Geographic Region Percentage
Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia Pacific and Rest of World
Markets for Years 2020 & 2027
TABLE 3: World Current & Future Analysis for AR Glasses by Geographic Region USA, Canada, Japan,
China, Europe, Asia Pacific and Rest of World Markets Independent Analysis of Annual Sales in US$
Thousand for Years 2020 through 2027 and % CAGR
TABLE 4: World 7 Year Perspective for AR Glasses by Geographic Region Percentage Breakdown of
Value Sales for USA, Canada, Japan, China, Europe, Asia Pacific and Rest of World for Years 2020 &
2027
TABLE 5: World Current & Future Analysis for VR Headsets by Geographic Region USA, Canada,
Japan, China, Europe, Asia Pacific and Rest of World Markets Independent Analysis of Annual Sales
in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 6: World 7 Year Perspective for VR Headsets by Geographic Region Percentage Breakdown of
Value Sales for USA, Canada, Japan, China, Europe, Asia Pacific and Rest of World for Years 2020 &
2027
TABLE 7: World Current & Future Analysis for Smartwatches by Geographic Region USA, Canada,
Japan, China, Europe, Asia Pacific and Rest of World Markets Independent Analysis of Annual Sales
in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 8: World 7 Year Perspective for Smartwatches by Geographic Region Percentage Breakdown
of Value Sales for USA, Canada, Japan, China, Europe, Asia Pacific and Rest of World for Years 2020 &
2027
TABLE 9: World Current & Future Analysis for Smart Bands by Geographic Region USA, Canada,
Japan, China, Europe, Asia Pacific and Rest of World Markets Independent Analysis of Annual Sales
in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 10: World 7 Year Perspective for Smart Bands by Geographic Region Percentage Breakdown
of Value Sales for USA, Canada, Japan, China, Europe, Asia Pacific and Rest of World for Years 2020 &
2027
TABLE 11: World Current & Future Analysis for Other Device Types by Geographic Region USA,
Canada, Japan, China, Europe, Asia Pacific and Rest of World Markets Independent Analysis of
Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 12: World 7 Year Perspective for Other Device Types by Geographic Region Percentage
Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia Pacific and Rest of World for
Years 2020 & 2027
TABLE 13: World Current & Future Analysis for Power & Energy by Geographic Region USA, Canada,
Japan, China, Europe, Asia Pacific and Rest of World Markets Independent Analysis of Annual Sales
in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 14: World 7 Year Perspective for Power & Energy by Geographic Region Percentage
Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia Pacific and Rest of World for
Years 2020 & 2027
TABLE 15: World Current & Future Analysis for Chemicals by Geographic Region USA, Canada,
Japan, China, Europe, Asia Pacific and Rest of World Markets Independent Analysis of Annual Sales
in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 16: World 7 Year Perspective for Chemicals by Geographic Region Percentage Breakdown of
Value Sales for USA, Canada, Japan, China, Europe, Asia Pacific and Rest of World for Years 2020 &
2027
TABLE 17: World Current & Future Analysis for Other Applications by Geographic Region USA,
Canada, Japan, China, Europe, Asia Pacific and Rest of World Markets Independent Analysis of
Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 18: World 7 Year Perspective for Other Applications by Geographic Region Percentage
Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia Pacific and Rest of World for
Years 2020 & 2027
TABLE 19: World Current & Future Analysis for Automotive by Geographic Region USA, Canada,
Japan, China, Europe, Asia Pacific and Rest of World Markets Independent Analysis of Annual Sales
in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 20: World 7 Year Perspective for Automotive by Geographic Region Percentage Breakdown of
Value Sales for USA, Canada, Japan, China, Europe, Asia Pacific and Rest of World for Years 2020 &
2027
TABLE 21: World Current & Future Analysis for Aerospace & Defense by Geographic Region USA,
Canada, Japan, China, Europe, Asia Pacific and Rest of World Markets Independent Analysis of
Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 22: World 7 Year Perspective for Aerospace & Defense by Geographic Region Percentage
Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia Pacific and Rest of World for
Years 2020 & 2027
TABLE 23: World Current & Future Analysis for Manufacturing by Geographic Region USA, Canada,
Japan, China, Europe, Asia Pacific and Rest of World Markets Independent Analysis of Annual Sales
in US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 24: World 7 Year Perspective for Manufacturing by Geographic Region Percentage
Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia Pacific and Rest of World for
Years 2020 & 2027
TABLE 25: World Current & Future Analysis for Oil & Gas by Geographic Region USA, Canada, Japan,
China, Europe, Asia Pacific and Rest of World Markets Independent Analysis of Annual Sales in US$
Thousand for Years 2020 through 2027 and % CAGR
TABLE 26: World 7 Year Perspective for Oil & Gas by Geographic Region Percentage Breakdown of
Value Sales for USA, Canada, Japan, China, Europe, Asia Pacific and Rest of World for Years 2020 &
2027
III. MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
Market Analytics
TABLE 27: USA Current & Future Analysis for Industrial Wearables by Device Type AR Glasses, VR
Headsets, Smartwatches, Smart Bands and Other Device Types Independent Analysis of Annual
Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 28: USA 7 Year Perspective for Industrial Wearables by Device Type Percentage
Breakdown of Value Sales for AR Glasses, VR Headsets, Smartwatches, Smart Bands and Other
Device Types for the Years 2020 & 2027
TABLE 29: USA Current & Future Analysis for Industrial Wearables by Application Power &
Energy, Chemicals, Other Applications, Automotive, Aerospace & Defense, Manufacturing and Oil
& Gas Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR
TABLE 30: USA 7 Year Perspective for Industrial Wearables by Application Percentage
Breakdown of Value Sales for Power & Energy, Chemicals, Other Applications, Automotive,
Aerospace & Defense, Manufacturing and Oil & Gas for the Years 2020 & 2027
CANADA
TABLE 31: Canada Current & Future Analysis for Industrial Wearables by Device Type AR Glasses, VR
Headsets, Smartwatches, Smart Bands and Other Device Types Independent Analysis of Annual
Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 32: Canada 7 Year Perspective for Industrial Wearables by Device Type Percentage
Breakdown of Value Sales for AR Glasses, VR Headsets, Smartwatches, Smart Bands and Other Device
Types for the Years 2020 & 2027
TABLE 33: Canada Current & Future Analysis for Industrial Wearables by Application Power &
Energy, Chemicals, Other Applications, Automotive, Aerospace & Defense, Manufacturing and Oil &
Gas Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and %
CAGR
TABLE 34: Canada 7 Year Perspective for Industrial Wearables by Application Percentage
Breakdown of Value Sales for Power & Energy, Chemicals, Other Applications, Automotive, Aerospace
& Defense, Manufacturing and Oil & Gas for the Years 2020 & 2027
JAPAN
TABLE 35: Japan Current & Future Analysis for Industrial Wearables by Device Type AR Glasses, VR
Headsets, Smartwatches, Smart Bands and Other Device Types Independent Analysis of Annual
Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 36: Japan 7 Year Perspective for Industrial Wearables by Device Type Percentage Breakdown
of Value Sales for AR Glasses, VR Headsets, Smartwatches, Smart Bands and Other Device Types for
the Years 2020 & 2027
TABLE 37: Japan Current & Future Analysis for Industrial Wearables by Application Power & Energy,
Chemicals, Other Applications, Automotive, Aerospace & Defense, Manufacturing and Oil & Gas
Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 38: Japan 7 Year Perspective for Industrial Wearables by Application Percentage Breakdown
of Value Sales for Power & Energy, Chemicals, Other Applications, Automotive, Aerospace & Defense,
Manufacturing and Oil & Gas for the Years 2020 & 2027
CHINA
TABLE 39: China Current & Future Analysis for Industrial Wearables by Device Type AR Glasses, VR
Headsets, Smartwatches, Smart Bands and Other Device Types Independent Analysis of Annual
Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 40: China 7 Year Perspective for Industrial Wearables by Device Type Percentage Breakdown
of Value Sales for AR Glasses, VR Headsets, Smartwatches, Smart Bands and Other Device Types for
the Years 2020 & 2027
TABLE 41: China Current & Future Analysis for Industrial Wearables by Application Power & Energy,
Chemicals, Other Applications, Automotive, Aerospace & Defense, Manufacturing and Oil & Gas
Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 42: China 7 Year Perspective for Industrial Wearables by Application Percentage Breakdown
of Value Sales for Power & Energy, Chemicals, Other Applications, Automotive, Aerospace & Defense,
Manufacturing and Oil & Gas for the Years 2020 & 2027
EUROPE
Market Facts & Figures
Market Analytics
TABLE 43: Europe Current & Future Analysis for Industrial Wearables by Geographic Region
France, Germany, Italy, UK and Rest of Europe Markets Independent Analysis of Annual Sales in
US$ Thousand for Years 2020 through 2027 and % CAGR
TABLE 44: Europe 7 Year Perspective for Industrial Wearables by Geographic Region Percentage
Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years
2020 & 2027
TABLE 45: Europe Current & Future Analysis for Industrial Wearables by Device Type AR Glasses,
VR Headsets, Smartwatches, Smart Bands and Other Device Types Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 46: Europe 7 Year Perspective for Industrial Wearables by Device Type Percentage
Breakdown of Value Sales for AR Glasses, VR Headsets, Smartwatches, Smart Bands and Other
Device Types for the Years 2020 & 2027
TABLE 47: Europe Current & Future Analysis for Industrial Wearables by Application Power &
Energy, Chemicals, Other Applications, Automotive, Aerospace & Defense, Manufacturing and Oil
& Gas Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027
and % CAGR
TABLE 48: Europe 7 Year Perspective for Industrial Wearables by Application Percentage
Breakdown of Value Sales for Power & Energy, Chemicals, Other Applications, Automotive,
Aerospace & Defense, Manufacturing and Oil & Gas for the Years 2020 & 2027
FRANCE
TABLE 49: France Current & Future Analysis for Industrial Wearables by Device Type AR Glasses, VR
Headsets, Smartwatches, Smart Bands and Other Device Types Independent Analysis of Annual
Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 50: France 7 Year Perspective for Industrial Wearables by Device Type Percentage Breakdown
of Value Sales for AR Glasses, VR Headsets, Smartwatches, Smart Bands and Other Device Types for
the Years 2020 & 2027
TABLE 51: France Current & Future Analysis for Industrial Wearables by Application Power & Energy,
Chemicals, Other Applications, Automotive, Aerospace & Defense, Manufacturing and Oil & Gas
Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 52: France 7 Year Perspective for Industrial Wearables by Application Percentage Breakdown
of Value Sales for Power & Energy, Chemicals, Other Applications, Automotive, Aerospace & Defense,
Manufacturing and Oil & Gas for the Years 2020 & 2027
GERMANY
TABLE 53: Germany Current & Future Analysis for Industrial Wearables by Device Type AR Glasses,
VR Headsets, Smartwatches, Smart Bands and Other Device Types Independent Analysis of Annual
Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 54: Germany 7 Year Perspective for Industrial Wearables by Device Type Percentage
Breakdown of Value Sales for AR Glasses, VR Headsets, Smartwatches, Smart Bands and Other Device
Types for the Years 2020 & 2027
TABLE 55: Germany Current & Future Analysis for Industrial Wearables by Application Power &
Energy, Chemicals, Other Applications, Automotive, Aerospace & Defense, Manufacturing and Oil &
Gas Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and %
CAGR
TABLE 56: Germany 7 Year Perspective for Industrial Wearables by Application Percentage
Breakdown of Value Sales for Power & Energy, Chemicals, Other Applications, Automotive, Aerospace
& Defense, Manufacturing and Oil & Gas for the Years 2020 & 2027
ITALY
TABLE 57: Italy Current & Future Analysis for Industrial Wearables by Device Type AR Glasses, VR
Headsets, Smartwatches, Smart Bands and Other Device Types Independent Analysis of Annual
Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 58: Italy 7 Year Perspective for Industrial Wearables by Device Type Percentage Breakdown
of Value Sales for AR Glasses, VR Headsets, Smartwatches, Smart Bands and Other Device Types for
the Years 2020 & 2027
TABLE 59: Italy Current & Future Analysis for Industrial Wearables by Application Power & Energy,
Chemicals, Other Applications, Automotive, Aerospace & Defense, Manufacturing and Oil & Gas
Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 60: Italy 7 Year Perspective for Industrial Wearables by Application Percentage Breakdown of
Value Sales for Power & Energy, Chemicals, Other Applications, Automotive, Aerospace & Defense,
Manufacturing and Oil & Gas for the Years 2020 & 2027
UNITED KINGDOM
TABLE 61: UK Current & Future Analysis for Industrial Wearables by Device Type AR Glasses, VR
Headsets, Smartwatches, Smart Bands and Other Device Types Independent Analysis of Annual
Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 62: UK 7 Year Perspective for Industrial Wearables by Device Type Percentage Breakdown of
Value Sales for AR Glasses, VR Headsets, Smartwatches, Smart Bands and Other Device Types for the
Years 2020 & 2027
TABLE 63: UK Current & Future Analysis for Industrial Wearables by Application Power & Energy,
Chemicals, Other Applications, Automotive, Aerospace & Defense, Manufacturing and Oil & Gas
Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 64: UK 7 Year Perspective for Industrial Wearables by Application Percentage Breakdown of
Value Sales for Power & Energy, Chemicals, Other Applications, Automotive, Aerospace & Defense,
Manufacturing and Oil & Gas for the Years 2020 & 2027
REST OF EUROPE
TABLE 65: Rest of Europe Current & Future Analysis for Industrial Wearables by Device Type AR
Glasses, VR Headsets, Smartwatches, Smart Bands and Other Device Types Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 66: Rest of Europe 7 Year Perspective for Industrial Wearables by Device Type Percentage
Breakdown of Value Sales for AR Glasses, VR Headsets, Smartwatches, Smart Bands and Other Device
Types for the Years 2020 & 2027
TABLE 67: Rest of Europe Current & Future Analysis for Industrial Wearables by Application Power &
Energy, Chemicals, Other Applications, Automotive, Aerospace & Defense, Manufacturing and Oil &
Gas Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and %
CAGR
TABLE 68: Rest of Europe 7 Year Perspective for Industrial Wearables by Application Percentage
Breakdown of Value Sales for Power & Energy, Chemicals, Other Applications, Automotive, Aerospace
& Defense, Manufacturing and Oil & Gas for the Years 2020 & 2027
ASIA PACIFIC
TABLE 69: Asia Pacific Current & Future Analysis for Industrial Wearables by Device Type AR Glasses,
VR Headsets, Smartwatches, Smart Bands and Other Device Types Independent Analysis of Annual
Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 70: Asia Pacific 7 Year Perspective for Industrial Wearables by Device Type Percentage
Breakdown of Value Sales for AR Glasses, VR Headsets, Smartwatches, Smart Bands and Other Device
Types for the Years 2020 & 2027
TABLE 71: Asia Pacific Current & Future Analysis for Industrial Wearables by Application Power &
Energy, Chemicals, Other Applications, Automotive, Aerospace & Defense, Manufacturing and Oil &
Gas Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and %
CAGR
TABLE 72: Asia Pacific 7 Year Perspective for Industrial Wearables by Application Percentage
Breakdown of Value Sales for Power & Energy, Chemicals, Other Applications, Automotive, Aerospace
& Defense, Manufacturing and Oil & Gas for the Years 2020 & 2027
REST OF WORLD
TABLE 73: Rest of World Current & Future Analysis for Industrial Wearables by Device Type AR
Glasses, VR Headsets, Smartwatches, Smart Bands and Other Device Types Independent Analysis of
Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
TABLE 74: Rest of World 7 Year Perspective for Industrial Wearables by Device Type Percentage
Breakdown of Value Sales for AR Glasses, VR Headsets, Smartwatches, Smart Bands and Other Device
Types for the Years 2020 & 2027
TABLE 75: Rest of World Current & Future Analysis for Industrial Wearables by Application Power &
Energy, Chemicals, Other Applications, Automotive, Aerospace & Defense, Manufacturing and Oil &
Gas Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and %
CAGR
TABLE 76: Rest of World 7 Year Perspective for Industrial Wearables by Application Percentage
Breakdown of Value Sales for Power & Energy, Chemicals, Other Applications, Automotive, Aerospace
& Defense, Manufacturing and Oil & Gas for the Years 2020 & 2027
IV. COMPETITION
Total Companies Profiled: 36

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook