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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Smart Wearable Gloves Market.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Smart Wearable Gloves Market."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Smart Wearable Gloves Market to witness a high growth by 2024: Global Market Insights, Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  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. Regional Analysis of Smart Wearable Gloves Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com 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 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  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 Rapael’s 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. Competitive Market Share of Smart Wearable Gloves Market :

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Smart Wearable Gloves Market @ https://bit.ly/2Namy2nhttps://bit.ly/2Namy2n Request for an in-depth table of contents for this report @ https://bit.ly/2yyQECT https://bit.ly/2yyQECT

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