MākuSafe Recognized as Leading Organization in Industrial Wearables Market Trends Report
July 10, 2020
MākuSafe was recently included in a research report as a leading organization in the global industrial wearables market. The report analyzes industry size, share, growth, trends and forecasts, plus key players and market segmentation. MarketWatch shared a synopsis of the report. An excerpt from the MarketWatch article is shared below:
Jul 08, 2020 (Market Insight Reports) — Selbyville, Delaware Global Industrial Wearable Market Report added at Market Study Report LLC offers industry size, share, growth, trends and forecast analysis up to 2027. Industrial Wearable Market Report also covers top key players, porters five forces analysis and market segmentation in detail. This report examines the global Industrial Wearable market and provides information regarding the revenue for the period 2020 to 2027.
Emphasis on personnel monitoring and workplace safety, alongside widespread awareness regarding features & benefits of wearable devices are majorly driving the growth of global industrial wearable market. Although, minimal reach to SMEs and pricing fluctuations in developing nations are likely to impede the market growth. However, robust growth of manufacturing industry is projected to create lucrative growth opportunities in global industrial wearable market landscape.
Notably, numerous industrialists are readily investing towards adoption of automated & smart solutions. The popularity of data-driven solutions has increased among leading enterprise owners and manufacturers owing to their ability to curb unexpected damage, faults, and errors with the help of predictive techniques. High demand for wearable products in industrial applications for monitoring fitness level, medical condition, exhaustion, and fatigue of workers to reduce accidents in the workplace is projected to favor the market growth in the approaching years.
Considering the geographical hierarchy, global industrial wearable market is fragmented into South America, Middle East & Africa, Asia Pacific, Europe, and North America. Europe accounted for massive market share in 2019 and is slated to grow substantially through 2027.
The leading organizations in global industrial wearable market are Workaround GmbH (ProGlove), Blackline Safety Corp., Vuzix Corp., Fatigue Science, Valencell, Inc., Reactec Ltd., Modjoul, Inc., MakuSafe Corp., Kinetic, and Kenzen, Inc. among others.
Read the full article on MarketWatch.
Download the full trends report at Market Study Report.
