North America Wearable Electronics Market News
Impact of COVID on North America Wearable Electronics Market:
The
ongoing Covid-19 pandemic has benefited the demand for Wearable Electronics,
but due to supply chain disruptions, the supply side of Wearable Electronics has
suffered. During the months of lockdowns,
numerous individuals, particularly those affected by the virus, turn to
activities such as walking, running, and at-home workouts due to the rising
health consciousness and awareness. As a result, they became interested in
purchasing wearables like smart watches to track their progress. So even though the demand was high, but the
disrupted supply chain, limited transportation, lower workforce capacity, and
restricted trade/import & export had halted the manufacturing of wearable
electronics products, resulting in lower sales.
Adoption of Medical Monitoring and Healthcare Wearable Device: Individuals are now
working out more as a result of the pandemic, particularly those who were affected
by the virus, as most people felt weak and faced numerous health issues, such
as breathing problems, anxiety, that also causes blood pressure. This
encourages them to opt for wearable electronics products to regain their good
health without visiting a gym, yoga studio, and ground for jogging or running.
Rising Awareness Regarding Sports & Fitness, Notably
after the COVID-19 Pandemic: Wearable technology functionalities
are reducing hospital visits for health problems, such as high blood pressure
and tachycardia as wearables allow them to keep track of their health
information without having to visit hospitals. According to a COVID-19
Healthcare Coalition poll conducted in February 2021, the majority of
telehealth users were interested in monitoring chronic conditions such as high
blood pressure. Blood pressure monitoring will become an even more desirable
feature as wearables become more widely used in healthcare.
Analysts at Ken Research in their latest publication “North America Wearable Electronics Market Outlook and Forecast to 2027 - Driven by Growing Smartphone & Digital Device Adoption, Technological Advancement, and Heightened Awareness of Health-Related Activities” believe that the Wearable Electronics market is expected to grow due to the rising adoption of smart electronics devices, and health tracking equipment’s.
North America Wearable Electronics Market By Product
Wrist Wear
Ear Wear and Head Wear
Eye Wear
Foot Wear
Neck Wear
Body Wear and Smart Clothing
North America Wearable Electronics Market By Components
Networking and Positioning Components
Power Supply Components
Sensing Components
Optoelectronic and Display Components
Control Components
Interface Components
North America Wearable Electronics Market By Connectivity
Near Field Communication (NFC)
Cellular Network
Bluetooth Technology
Wi-Fi Network
Other Connectivity Types
North America Wearable Electronics Market By Type of End User Industry
Fitness and Sports & Tracker
Healthcare
Entertainment and Travel & Hospitality
Industrial (Logistics & Manufacturing)
Government (Defense, Security & Public
Administration)
North America Wearable Electronics Market
By Geography and Major Countries
U.S.
Canada
Mexico
To learn more about this study - Request for Free Sample Report
Key Target Audience:-
Wearable Electronics Products Manufacturers
Consumer Electronics Products Manufacturers
Wearable App Developers
Raw Material Suppliers for Wearable Electronics
Products
Potential Investors in Wearable Electronics
Wearable Electronics Distributors
Wearable Electronics Advocacy Groups
Time Period Captured in the Report:-
Historical Period: 2017-2021
Forecast Period: 2022-2027F
Major Wearable Electronics Product Companies in North America
Mentioned in the Report:
Apple
Garmin
Fossil
Huawei
Samsung
Electronics
Sony
LG
Electronics
Fitbit
Nike
Xiaomi
Bose
Notable Emerging Wearable Electronics Product Companies in
North America Mentioned in the Report:
Strong
Arm Technologies
Whoop
Nextiles
Nymi
Muse
Hexoskin
ADES
Technologies
Machina
Key Topics Covered in the Report:-
Snapshot of North America Wearable Electronics Industry
Industry Value Chain and Ecosystem Analysis
Market Size and Segmentation of North America Wearable
Electronics Market
Historic Growth of Overall North America Wearable Electronics
Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter’s 5 Forces Analysis of North America Wearable
Electronics Industry
Overview, Product Offerings and SWOT Analysis of All the Key
Competitors
Covid 19 Impact on the Overall North America Wearable
Electronics Market
Future Market Forecast and Growth Rates of the Total North
America Wearable Electronics Market and by Segments
Market Size of End User Industries with Historical CAGR and
Future Forecasts
Analysis of North America Wearable Electronics Market in
Major North American Countries
Major Production/Consumption Hubs in the Major Countries
Major Production/Supply and Consumption/Demand Hubs in Each
Major Country
Major Country-wise Historic and Future Market Growth Rates of
the Total Market and Segments
Overview of Notable Emerging North America Wearable
Electronics Companies within Each Major Country
For more information on the research report, refer to below
link:-
North America
Wearable Electronics Market
Related
Report:-
Frequently Asked Questions:-
What is
the Study Period of this Market Report?
The North
America Wearable Electronics Market is covered from 2017 – 2027 in this report,
which includes a forecast for the period 2022-2027.
What is the
Future Growth Rate of North America Wearable Electronics Market?
The North
America Wearable Electronics Market is expected to witness a CAGR of above 15%
over the next 5 years.
What are
the Key Factors Driving the North America Wearable Electronics Market?
Rising
number of millennial parents who are increasingly health conscious and adopting
natural, minimally processed food is expected to be the primary driver of this
market.
Which is
the Fastest Growing Product Segment within the North America Wearable
Electronics Market?
Neck
Wear is the fastest growing product segment within the North America Wearable
Electronics Market.
Who are
the Key Players in North America Wearable Electronics Market?
Apple,
Garmin, Fossil Group, Huawei, Samsung Electronics, Sony, LG Electronics, Fitbit
Nike,
Xiaomi and Bose are the major companies operating in North America Wearable
Electronics Market.
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