Smart Wearable Gloves Market to witness a high growth by 2024 - PowerPoint PPT Presentation

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Smart Wearable Gloves Market to witness a high growth by 2024

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Request for TOC report @ The U.S. smart wearable gloves market has witnessed the highest revenue and growth shares owing to the early advancements in the industrial sector and high investment capabilities of manufacturers to incorporate such devices. High labor costs and increasing logistics activities in all industry segments are fueling the industry demand. India, China, and South Korea are expected to cover large profit shares due to growing digitization, a rapid increase in the use of smartphones and wireless connectivity. Government mandates related to automation and robotics in the industrial sector are driving factors for the smart wearable gloves market. – PowerPoint PPT presentation

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Title: Smart Wearable Gloves Market to witness a high growth by 2024


1
Smart Wearable Gloves Market to witness a high
growth by 2024 Global Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Regional Analysis of Smart Wearable Gloves
Market
  • The U.S. smart wearable gloves market has
    witnessed the highest revenue and growth shares
    owing to the early advancements in the industrial
    sector and high investment capabilities of
    manufacturers to incorporate such devices. High
    labor costs and increasing logistics activities
    in all industry segments are fueling the industry
    demand.
  • India, China, and South Korea are expected to
    cover large profit shares due to growing
    digitization, a rapid increase in the use of
    smartphones and wireless connectivity. Government
    mandates related to automation and robotics in
    the industrial sector are driving factors for the
    smart wearable gloves market.

3
  • Application Analysis of Smart Wearable Gloves
    Market
  • The smart wearable gloves market, which is
    segmented based on its components has witnessed
    sensors as the rapidly-growing segment in the
    recent years. Sensors in these devices are used
    to sense the finger movements to translate data
    and receive commands for performing actions. The
    sensors provide benefits such as the detection of
    movements, efficient digital translation, and
    save time to interpret the data by manual
    applications. Microcontrollers segment in the
    smart wearable gloves market is expected to grow
    steadily over the forecast years due to
    activity-control and signal-detection benefits.
    These components act as processors for the
    systems to transmit data and obtain accurate
    results.
  • Healthcare applications in the smart wearable
    gloves market are witnessing the highest growth
    and revenue shares. This growth is attributed to
    the provision of aiding chronic pains and severe
    strokes. These devices manage chronic diseases
    with at-home rehabilitation possibilities and
    reduce pain caused by applying electrical
    stimulation therapy to the patients. These
    wearables are increasingly used in stroke
    rehabilitation for patients with serious
    conditions and long-term disabilities. In the
    smart wearable gloves market, the education
    application segment is expected to witness
    significant growth opportunities.

4
Competitive Market Share of Smart Wearable
Gloves Market
  • Players operating in the smart wearable gloves
    market include NEOFECT, ProGlove, Blue Infusion
    Technology, Apple Inc., Samsung Electronics Co.,
    Ltd., Maze Exclusive, Seekas Technology Co.,
    Ltd., Vandrico Solutions, Inc., Motorola, Lab
    Brothers LLC, and Huawei. Some strategies adopted
    by these players in the smart wearable gloves
    market are new product developments or
    innovations, mergers, acquisitions, partnerships,
    and collaborations to provide technically-advanced
    products and enhance the customer experience.
    For instance, in January 2017, NEOFECT announced
    the launch of its Rapaels smart glove that is
    used for rehabilitation sessions for stroke
    patients. The product is a Bluetooth glove packed
    with sensors to measure finger and wrist
    movements.

5

Browse Full Market Research Report On Smart
Wearable Gloves Market _at_ https//bit.ly/2Namy2n
Request for an in-depth table of contents for
this report _at_ https//bit.ly/2yyQECT
6
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