Market Share of Wearable Sensors Industry
The wearable sensors market is competitive with the presence of major players like STMicroelectronics NV, Texas Instruments Incorporated, Infineon Technologies AG, Analog Devices Inc., and InvenSense Inc. (TDK Corporation). Players in the market are adopting strategies such as partnerships, collaborations, innovations, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
- December 2022 - Analog Devices Inc. collaborated with Oregon Health & Science University (OHSU) to develop a smartwatch that detects key mental health indicators to help address the rising mental health crisis in teens. As per the collaboration on the first and one-of-a-kind project, OHSU would leverage ADI's innovative technology and products for the burgeoning worldwide mental health crisis to save, improve, and enrich human lives.
- December 2022 - Panasonic Industries introduced a new member of its famous Grid-Eye sensor family with a 90° lens that provides a broader field of vision (FoV) and reduces the number of sensors needed to cover a given area, enabling people to count and track applications. Grid-Eye 90° will improve systems built to track and count the movement of individuals as well as other applications. Privacy-conscious designers have praised the Grid-Eye family's 64-pixel resolution.
Wearable Sensors Market Leaders
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STMicroelectronics N.V.
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Texas Instruments Incorporated
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Infineon Technologies AG
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Analog Devices Inc.,
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InvenSense Inc. (TDK Corporation)
*Disclaimer: Major Players sorted in no particular order
