Asia Pacific Smart Glove Market

Asia Pacific Smart Glove Market Size, Share & Industry Trends Analysis Report By Usage (Specific Health Monitoring Device, Fitness Tracker, & Others), By Industry Vertical, By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-8913 Publication Date: May-2022 Number of Pages: 64
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Market Report Description

The Asia Pacific Smart Glove Market would witness Market growth of 10.5% CAGR during the forecast period (2022-2028).

Due to product innovation aimed at enhancing patient care, smart wearable gloves are seeing tremendous expansion in the healthcare sector. The Neofect smart glove, for example, is designed to restore hand and arm function in persons recovering from stroke by promoting brain reorganization and motor learning.

The data glove, an IoT-enabled intelligent device, is a developing trend in the smart wearable gloves Market . Temperature monitoring, ambient light sensing, gesture recognition, and control are all possible with this gadget. For capturing the sensed data, these devices are equipped with a variety of sensors and microcontrollers. The use of wireless technologies such as Bluetooth is a trend that is moving the smart glove Market forward. Microcontrollers are built into these gloves, which convert hand gestures with 26 letters of sign language into digital writing. The data can also be shared with electronic devices via Bluetooth wireless connections. These devices are utilized in virtual reality and robotics. By relaying tactile signals back to the user, the addition of a sense of touch in the gadgets enables improved control over robotic and virtual hands.

The rise in demand for wearable medical devices is fueled by the rising usage of smart glove devices in the healthcare sector as well as the consumer electronics segment. Due to the widespread adoption of IoT and large-scale implementation of a wide range of ubiquitous systems, such as wearable computing and sensor technologies across several business verticals, Asia Pacific is expected to have great demand for the products in the upcoming years. Consumer electronics improvements with a variety of technical advantages, such as touch-sensitive features and tiny designs, result in Market expansion.

Furthermore, major research investments are driving soft and flexible electronics design advancements, giving smart wearable solutions a competitive advantage. For example, HaptX Inc. announced the launching of HaptX Gloves DK2 in January 2021. The HaptX Gloves DK2 is an improved version of the world's most advanced haptic feedback gloves, featuring over 130 points of tactile feedback per hand, delivering unmatched realism.

The China Market dominated the Asia Pacific Smart Glove Market by Country in 2021, and would continue to be a dominant Market till 2028; thereby, achieving a Market value of $317.2 Million by 2028. The Japan Market is anticipated to grow at a CAGR of 9.9% during (2022 - 2028). Additionally, The India Market would showcase a CAGR of 11.2% during (2022 - 2028).

Based on Usage, the Market is segmented into Specific Health Monitoring Device, Fitness Tracker, Media & Connected Device, and Others. Based on Industry Vertical, the Market is segmented into Healthcare, Industrial, Fitness, and Others. Based on countries, the Market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Smart Glove Market is Projected to reach USD 3.9 Billion by 2028, at a CAGR of 10%

The Market research report covers the analysis of key stake holders of the Market . Key companies profiled in the report include Flint Rehabilitation Devices, LLC, Neofect, HaptX, Inc., Samsung Electronics Co. Ltd., Workaround GmbH (ProGlove), Shenzhen Seekas Technology Co., Ltd., Saebo, Inc., Dexta Robotics, and Vandrico Solutions, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Usage

  • Specific Health Monitoring Device
  • Fitness Tracker
  • Media & Connected Device
  • Others

By Industry Vertical

  • Healthcare
  • Industrial
  • Fitness
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • Flint Rehabilitation Devices, LLC
  • Neofect
  • HaptX, Inc.
  • Samsung Electronics Co. Ltd.
  • Workaround GmbH (ProGlove)
  • Shenzhen Seekas Technology Co., Ltd.
  • Saebo, Inc.
  • Dexta Robotics
  • Vandrico Solutions, Inc.
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