Artificial Intelligence
The global market for Wearable Electronics is projected to reach US$61.4 billion by 2025
New York, Sept. 08, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Wearable Electronics Industry” – https://www.reportlinker.com/p03180729/?utm_source=GNW
After smartphones and tablets, smart wearables is the new innovation taking the technology to a fevered pitch in the consumer electronics industry. These tiny devices hold the potential to replace smartphones, make the many benefits of digital health real and achievable, enable the rise of hyper-connected interactive enterprises, and make clothing smart, fashionable, functional and comfortable. Benefits of wearables devices include lightweight, extreme portability, durable, easily transportable, convenience, ease-of-use and comfort. Smartwatch is the most popular form and dominant factor for wearables. Other evolving new designs include smart glasses, goggles, bracelets, armbands, necklaces, lanyards, pins, clips, headbands, headsets, belts, shoes, shirts, Jackets and pants, among others. The biggest area of impact in electronic wearables is in the healthcare industry. Medical grade wearables are poised to create a revolution in personalized digital healthcare. Wearables will enable telehealth via remote patient monitoring (RPM) capabilities making healthcare services more efficient, self-determined and cost efficient. Opportunities in this space are immense as the current healthcare system seeks to utilize telehealth to advance value based care goals. A key benefit of telehealth is its ability to drive positive patient experience and eliminate access barriers to offer patient-centric and convenient care. Wearables will also play a key role in precision medicine by providing physicians better knowledge of patients’ health. Integration of sensors such as physiological sensors and biochemical sensors will provide continuous monitoring of a patient’s vital signs and timely clinical decisions can be taken such as therapy modifications based on subtle changes observed in health patterns.
From simple biophysical/ biochemical monitoring (BP & diabetes), continuous innovation will expand applications to more advanced continuous arrhythmia detection and monitoring blood pulse signals from human femoral, carotid and radial arteries. Another exciting area of innovation is the integration of artificial intelligence (AI) enabled “Healthbot” applications in smartwatches designed to help patients with disease/therapy management and counselling. Healthbots have the potential to expand the outreach of healthcare services especially in countries and regions where doctor to patient ratio is low thus creating a bottleneck in accessing primary care services. In the addition to healthcare, clothing also represents and emerging area of opportunity for wearables. Innovative development of flexible, transparent graphene electrodes and their integration into commonly used textile fibers will be the first step forward in revolutionizing e-textiles. Significant R&D resources are therefore being sunk into developing processes and engineering techniques to integrate graphene in textiles as it hold the key that will unlock a new universe of commercial application opportunities in the coming years. The United States and Europe represent large markets worldwide with a combined share of 67.9% of the market. China ranks as the fastest growing market with a CAGR of 28.4% over the analysis period supported by the fact that the country leads the world in digital health adoption.
Read the full report: https://www.reportlinker.com/p03180729/?utm_source=GNW
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Wearable Technology: The Transition from Science Fiction to
Reality
Historical Journey of Wearable Technology
Applications & Solutions of Wearable Electronics
Wearable Electronics Market: Expanding Applications of
Miniaturized, High Performance Wearable Devices Boosts
Prospects
Wrist-Wear Dominates Global Wearable Electronics Market
Consumer Electronics: The Largest End-Use Market
Developed Regions Lead, Developing Regions at the Forefront of
Future Growth
Global Competitor Market Shares
Wearable Electronics Competitor Market Share Scenario Worldwide
(in %): 2019
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
Apple, Inc. (USA)
Bose Corporation (USA)
Epson America, Inc. (USA)
Fitbit, Inc. (USA)
Garmin Ltd. (USA)
Huawei Technologies Co., Ltd. (China)
Infineon Technologies AG (Germany)
LG Electronics, Inc. (South Korea)
Lifesense Group B.V. (The Netherlands)
Lumus Ltd. (Israel)
Misfit, Inc. (USA)
Qualcomm Technologies, Inc. (USA)
ReSound (Denmark)
Samsung Electronics Co., Ltd. (South Korea)
Shimmer Research, Inc. (Ireland)
Sony Corporation (Japan)
Texas Instruments, Inc. (USA)
Titan Industries Ltd. (India)
Vuzix Corporation (USA)
Xiaomi Corporation (China)
3. MARKET TRENDS & DRIVERS
Expanding Internet Connectivity and Growing Consumer Demand for
Advanced Wearable Devices Fuels Market Prospects
Rapid Increase in Penetration Rate of Internet: 2018 Vs. 2009
Rising Number of IoT and Connected Devices Drive Growth in
Wearable Electronics Market
World IoT Market: Number of Connected Devices (in Million) for
Years 2016, 2018E, 2020P and 2022P
Market Share Scenario of Connected Devices in Global Internet
of Things (IoT) by Geographic Region: 2019 & 2024
Growing Prominence of Wearable Tech in Healthcare Propels
Market Growth
Global Digital Healthcare Opportunity (in US$ Billion) for the
Years 2017, 2019, 2022, 2024 and 2026
Chronic Diseases Management: A Key Focus Area
Need for Continuous Monitoring of Elderly Patients as Part of
Chronic Disease Management Drives Growth: Number of People
Aged 65+ Years in Million by Geographic Region for the Years
2019 and 2030
Rising Consumer Awareness about Health & Fitness Spells Growth
for Wearables
Potential Role for Wearable Electronics in Patient Monitoring
and Tracking Systems
Smart Clothing Gains Acceptance in Neonatal Monitoring
Wearables Technology Makes Diabetes Manageable
Rising Diabetes Prevalence Presents Opportunity for Wearable
Electronics Market: Number of Adults (20-79) with Diabetes
(in Millions) by Region for 2019 and 2045
ECG Monitoring Wearables: A Promising Area of Growth
Increasing Significance of Wearables in Pain Management
Wearable Sleep Monitoring Technology
Wearable EEG Monitors
Smart Medical Textile Garments: An Emerging Area of Interest
Wrist Wear: A Revolutionary Wearable Phenomenon Fuels Growth
Hybrid Smartwatch Sales Drive Market Growth
Smart Glasses for Multiple Industry Applications
With Wearable Computing Gaining Mainstream Attention, the Time
is Ripe for Mobility in the Realm of Augmented Reality
Growing Technology & Commercialization Activity Surrounding AR
to Benefit Development of Smart AR Glasses: Global Market for
Augmented Reality Hardware, Software & Applications (in US$
Million) for the Years 2015, 2018 & 2022
Global % Share Breakdown of Wearable AR Devices in the Market
by Form Factor (2019)
Activity Trackers to Lead Growth in Wearable Sports and Fitness
Devices Market
A Comparative Review of Popular Fitness Trackers
Increasing Obesity Levels Underpin Market Growth
Global Obesity Epidemic: Percentage of Overweight, Obese, and
Severely Obese Adults for 2014 & 2025
Smart Clothing Transforming the Wearable Technology Products
Market
Smart Fabrics: The Next Big Wave of Wearables
Novel Opportunities for Smart Fabrics across Various Sectors
Healthcare
Transportation
Sports & Fitness
Workwear
Microencapsulation & Nanotechnologies: Harbingers of Future Growth
Hearables, the Smart Headphones, Come to the Fore
Increasing Popularity of Wearables in Infotainment & Gaming
Industry
Enterprise Applications of Wearables Present Growth Potential
for Wearable Electronics Market
Wearable Technology Boosts CRM
Rising Adoption of Wearable Technology in Industrial Sector
Drives Growth
Cloud Computing Drives the Momentum in Wearable Electronics Market
Combination of AI and Wearable Technology Transforms the
Wearable Electronics Market
Global Market for Wearable AI in US$ Billion for the Years
2018, 2020, 2022 and 2024
Development of Low Power Electronics: An Opportunity for
Wearable Electronics Market
Ultra-low Power Microcontrollers Extend Battery Life of High-
Performing, New Generation Wearable Devices: Global Ultra-low
Power Microcontroller Market (In US$ Billion) for the Years
2018, 2020, 2022 & 2025
A Peek into Enabling Technologies
Technical Aspects of Wearable Devices
Sensor Integration for Advanced Wearable Technology
Battery Power: An Important Criterion for Success
Technology Advancements Power Wearable Electronics Market
Collaboration Vital for Innovations in Wearable Tech
Key Challenges Confronting Wearable Electronics Market
Common Issues with Wearable Electronics
Wearables Attract Venture Capital Funding
4. GLOBAL MARKET PERSPECTIVE
Table 1: World Current & Future Analysis for Wearable
Electronics by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027
Table 2: World 7-Year Perspective for Wearable Electronics by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets for Years 2020 & 2027
Table 3: World Current & Future Analysis for Wristwear by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027
Table 4: World 7-Year Perspective for Wristwear by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027
Table 5: World Current & Future Analysis for Eyewear by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027
Table 6: World 7-Year Perspective for Eyewear by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027
Table 7: World Current & Future Analysis for Hearables by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027
Table 8: World 7-Year Perspective for Hearables by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027
Table 9: World Current & Future Analysis for Bodywear by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027
Table 10: World 7-Year Perspective for Bodywear by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027
Table 11: World Current & Future Analysis for Other Products by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027
Table 12: World 7-Year Perspective for Other Products by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027
Table 13: World Current & Future Analysis for Memory by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027
Table 14: World 7-Year Perspective for Memory by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027
Table 15: World Current & Future Analysis for Sensor by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027
Table 16: World 7-Year Perspective for Sensor by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027
Table 17: World Current & Future Analysis for Display by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027
Table 18: World 7-Year Perspective for Display by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027
Table 19: World Current & Future Analysis for Connectivity by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027
Table 20: World 7-Year Perspective for Connectivity by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027
Table 21: World Current & Future Analysis for PCBs by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027
Table 22: World 7-Year Perspective for PCBs by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027
Table 23: World Current & Future Analysis for Other Components
by Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027
Table 24: World 7-Year Perspective for Other Components by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027
Table 25: World Current & Future Analysis for Consumer
Electronics by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027
Table 26: World 7-Year Perspective for Consumer Electronics by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027
Table 27: World Current & Future Analysis for Healthcare by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027
Table 28: World 7-Year Perspective for Healthcare by Geographic
Region – Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027
Table 29: World Current & Future Analysis for Enterprise &
Industrial by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027
Table 30: World 7-Year Perspective for Enterprise & Industrial
by Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027
Table 31: World Current & Future Analysis for Other
Applications by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027
Table 32: World 7-Year Perspective for Other Applications by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Wearable Electronics Market in the US: An Overview
Penetration of Wearables among Adults in the US: Adult Wearable
Users as % of Population
Americans Rise Up to ?Quantified Self?
Evolving Healthcare in the US to Drive Demand for Wireless Devices
Wearable Devices to Mitigate Medical Concerns of Elderly
Individuals
US Population Breakdown by Age Group (in %) for 2019
Table 33: USA Current & Future Analysis for Wearable
Electronics by Product – Wristwear, Eyewear, Hearables,
Bodywear and Other Products – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027
Table 34: USA 7-Year Perspective for Wearable Electronics by
Product – Percentage Breakdown of Value Sales for Wristwear,
Eyewear, Hearables, Bodywear and Other Products for the Years
2020 & 2027
Table 35: USA Current & Future Analysis for Wearable
Electronics by Component – Memory, Sensor, Display,
Connectivity, PCBs and Other Components – Independent Analysis
of Annual Sales in US$ Million for the Years 2020 through 2027
Table 36: USA 7-Year Perspective for Wearable Electronics by
Component – Percentage Breakdown of Value Sales for Memory,
Sensor, Display, Connectivity, PCBs and Other Components for
the Years 2020 & 2027
Table 37: USA Current & Future Analysis for Wearable
Electronics by Application – Consumer Electronics, Healthcare,
Enterprise & Industrial and Other Applications – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027
Table 38: USA 7-Year Perspective for Wearable Electronics by
Application – Percentage Breakdown of Value Sales for Consumer
Electronics, Healthcare, Enterprise & Industrial and Other
Applications for the Years 2020 & 2027
CANADA
Table 39: Canada Current & Future Analysis for Wearable
Electronics by Product – Wristwear, Eyewear, Hearables,
Bodywear and Other Products – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027
Table 40: Canada 7-Year Perspective for Wearable Electronics by
Product – Percentage Breakdown of Value Sales for Wristwear,
Eyewear, Hearables, Bodywear and Other Products for the Years
2020 & 2027
Table 41: Canada Current & Future Analysis for Wearable
Electronics by Component – Memory, Sensor, Display,
Connectivity, PCBs and Other Components – Independent Analysis
of Annual Sales in US$ Million for the Years 2020 through 2027
Table 42: Canada 7-Year Perspective for Wearable Electronics by
Component – Percentage Breakdown of Value Sales for Memory,
Sensor, Display, Connectivity, PCBs and Other Components for
the Years 2020 & 2027
Table 43: Canada Current & Future Analysis for Wearable
Electronics by Application – Consumer Electronics, Healthcare,
Enterprise & Industrial and Other Applications – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027
Table 44: Canada 7-Year Perspective for Wearable Electronics by
Application – Percentage Breakdown of Value Sales for Consumer
Electronics, Healthcare, Enterprise & Industrial and Other
Applications for the Years 2020 & 2027
JAPAN
Table 45: Japan Current & Future Analysis for Wearable
Electronics by Product – Wristwear, Eyewear, Hearables,
Bodywear and Other Products – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027
Table 46: Japan 7-Year Perspective for Wearable Electronics by
Product – Percentage Breakdown of Value Sales for Wristwear,
Eyewear, Hearables, Bodywear and Other Products for the Years
2020 & 2027
Table 47: Japan Current & Future Analysis for Wearable
Electronics by Component – Memory, Sensor, Display,
Connectivity, PCBs and Other Components – Independent Analysis
of Annual Sales in US$ Million for the Years 2020 through 2027
Table 48: Japan 7-Year Perspective for Wearable Electronics by
Component – Percentage Breakdown of Value Sales for Memory,
Sensor, Display, Connectivity, PCBs and Other Components for
the Years 2020 & 2027
Table 49: Japan Current & Future Analysis for Wearable
Electronics by Application – Consumer Electronics, Healthcare,
Enterprise & Industrial and Other Applications – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027
Table 50: Japan 7-Year Perspective for Wearable Electronics by
Application – Percentage Breakdown of Value Sales for Consumer
Electronics, Healthcare, Enterprise & Industrial and Other
Applications for the Years 2020 & 2027
CHINA
Wearable Technology Adoption on the Rise in China
Chinese Wearable Electronics Market Share Analysis (in %): 2019
Table 51: China Current & Future Analysis for Wearable
Electronics by Product – Wristwear, Eyewear, Hearables,
Bodywear and Other Products – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027
Table 52: China 7-Year Perspective for Wearable Electronics by
Product – Percentage Breakdown of Value Sales for Wristwear,
Eyewear, Hearables, Bodywear and Other Products for the Years
2020 & 2027
Table 53: China Current & Future Analysis for Wearable
Electronics by Component – Memory, Sensor, Display,
Connectivity, PCBs and Other Components – Independent Analysis
of Annual Sales in US$ Million for the Years 2020 through 2027
Table 54: China 7-Year Perspective for Wearable Electronics by
Component – Percentage Breakdown of Value Sales for Memory,
Sensor, Display, Connectivity, PCBs and Other Components for
the Years 2020 & 2027
Table 55: China Current & Future Analysis for Wearable
Electronics by Application – Consumer Electronics, Healthcare,
Enterprise & Industrial and Other Applications – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027
Table 56: China 7-Year Perspective for Wearable Electronics by
Application – Percentage Breakdown of Value Sales for Consumer
Electronics, Healthcare, Enterprise & Industrial and Other
Applications for the Years 2020 & 2027
EUROPE
Market Facts & Figures
European Wearable Electronics Market: Competitor Market Share
Scenario (in %) for 2019
Market Analytics
Table 57: Europe Current & Future Analysis for Wearable
Electronics by Geographic Region – France, Germany, Italy, UK
and Rest of Europe Markets – Independent Analysis of Annual
Sales in US$ Million for Years 2020 through 2027
Table 58: Europe 7-Year Perspective for Wearable Electronics by
Geographic Region – Percentage Breakdown of Value Sales for
France, Germany, Italy, UK and Rest of Europe Markets for Years
2020 & 2027
Table 59: Europe Current & Future Analysis for Wearable
Electronics by Product – Wristwear, Eyewear, Hearables,
Bodywear and Other Products – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027
Table 60: Europe 7-Year Perspective for Wearable Electronics by
Product – Percentage Breakdown of Value Sales for Wristwear,
Eyewear, Hearables, Bodywear and Other Products for the Years
2020 & 2027
Table 61: Europe Current & Future Analysis for Wearable
Electronics by Component – Memory, Sensor, Display,
Connectivity, PCBs and Other Components – Independent Analysis
of Annual Sales in US$ Million for the Years 2020 through 2027
Table 62: Europe 7-Year Perspective for Wearable Electronics by
Component – Percentage Breakdown of Value Sales for Memory,
Sensor, Display, Connectivity, PCBs and Other Components for
the Years 2020 & 2027
Table 63: Europe Current & Future Analysis for Wearable
Electronics by Application – Consumer Electronics, Healthcare,
Enterprise & Industrial and Other Applications – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027
Table 64: Europe 7-Year Perspective for Wearable Electronics by
Application – Percentage Breakdown of Value Sales for Consumer
Electronics, Healthcare, Enterprise & Industrial and Other
Applications for the Years 2020 & 2027
FRANCE
Table 65: France Current & Future Analysis for Wearable
Electronics by Product – Wristwear, Eyewear, Hearables,
Bodywear and Other Products – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027
Table 66: France 7-Year Perspective for Wearable Electronics by
Product – Percentage Breakdown of Value Sales for Wristwear,
Eyewear, Hearables, Bodywear and Other Products for the Years
2020 & 2027
Table 67: France Current & Future Analysis for Wearable
Electronics by Component – Memory, Sensor, Display,
Connectivity, PCBs and Other Components – Independent Analysis
of Annual Sales in US$ Million for the Years 2020 through 2027
Table 68: France 7-Year Perspective for Wearable Electronics by
Component – Percentage Breakdown of Value Sales for Memory,
Sensor, Display, Connectivity, PCBs and Other Components for
the Years 2020 & 2027
Table 69: France Current & Future Analysis for Wearable
Electronics by Application – Consumer Electronics, Healthcare,
Enterprise & Industrial and Other Applications – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027
Table 70: France 7-Year Perspective for Wearable Electronics by
Application – Percentage Breakdown of Value Sales for Consumer
Electronics, Healthcare, Enterprise & Industrial and Other
Applications for the Years 2020 & 2027
GERMANY
Table 71: Germany Current & Future Analysis for Wearable
Electronics by Product – Wristwear, Eyewear, Hearables,
Bodywear and Other Products – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027
Table 72: Germany 7-Year Perspective for Wearable Electronics
by Product – Percentage Breakdown of Value Sales for Wristwear,
Eyewear, Hearables, Bodywear and Other Products for the Years
2020 & 2027
Table 73: Germany Current & Future Analysis for Wearable
Electronics by Component – Memory, Sensor, Display,
Connectivity, PCBs and Other Components – Independent Analysis
of Annual Sales in US$ Million for the Years 2020 through 2027
Table 74: Germany 7-Year Perspective for Wearable Electronics
by Component – Percentage Breakdown of Value Sales for Memory,
Sensor, Display, Connectivity, PCBs and Other Components for
the Years 2020 & 2027
Table 75: Germany Current & Future Analysis for Wearable
Electronics by Application – Consumer Electronics, Healthcare,
Enterprise & Industrial and Other Applications – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027
Table 76: Germany 7-Year Perspective for Wearable Electronics
by Application – Percentage Breakdown of Value Sales for
Consumer Electronics, Healthcare, Enterprise & Industrial and
Other Applications for the Years 2020 & 2027
ITALY
Table 77: Italy Current & Future Analysis for Wearable
Electronics by Product – Wristwear, Eyewear, Hearables,
Bodywear and Other Products – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027
Table 78: Italy 7-Year Perspective for Wearable Electronics by
Product – Percentage Breakdown of Value Sales for Wristwear,
Eyewear, Hearables, Bodywear and Other Products for the Years
2020 & 2027
Table 79: Italy Current & Future Analysis for Wearable
Electronics by Component – Memory, Sensor, Display,
Connectivity, PCBs and Other Components – Independent Analysis
of Annual Sales in US$ Million for the Years 2020 through 2027
Table 80: Italy 7-Year Perspective for Wearable Electronics by
Component – Percentage Breakdown of Value Sales for Memory,
Sensor, Display, Connectivity, PCBs and Other Components for
the Years 2020 & 2027
Table 81: Italy Current & Future Analysis for Wearable
Electronics by Application – Consumer Electronics, Healthcare,
Enterprise & Industrial and Other Applications – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027
Table 82: Italy 7-Year Perspective for Wearable Electronics by
Application – Percentage Breakdown of Value Sales for Consumer
Electronics, Healthcare, Enterprise & Industrial and Other
Applications for the Years 2020 & 2027
UNITED KINGDOM
Table 83: UK Current & Future Analysis for Wearable Electronics
by Product – Wristwear, Eyewear, Hearables, Bodywear and Other
Products – Independent Analysis of Annual Sales in US$ Million
for the Years 2020 through 2027
Table 84: UK 7-Year Perspective for Wearable Electronics by
Product – Percentage Breakdown of Value Sales for Wristwear,
Eyewear, Hearables, Bodywear and Other Products for the Years
2020 & 2027
Table 85: UK Current & Future Analysis for Wearable Electronics
by Component – Memory, Sensor, Display, Connectivity, PCBs and
Other Components – Independent Analysis of Annual Sales in US$
Million for the Years 2020 through 2027
Table 86: UK 7-Year Perspective for Wearable Electronics by
Component – Percentage Breakdown of Value Sales for Memory,
Sensor, Display, Connectivity, PCBs and Other Components for
the Years 2020 & 2027
Table 87: UK Current & Future Analysis for Wearable Electronics
by Application – Consumer Electronics, Healthcare, Enterprise &
Industrial and Other Applications – Independent Analysis of
Annual Sales in US$ Million for the Years 2020 through 2027
Table 88: UK 7-Year Perspective for Wearable Electronics by
Application – Percentage Breakdown of Value Sales for Consumer
Electronics, Healthcare, Enterprise & Industrial and Other
Applications for the Years 2020 & 2027
REST OF EUROPE
Table 89: Rest of Europe Current & Future Analysis for Wearable
Electronics by Product – Wristwear, Eyewear, Hearables,
Bodywear and Other Products – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027
Table 90: Rest of Europe 7-Year Perspective for Wearable
Electronics by Product – Percentage Breakdown of Value Sales
for Wristwear, Eyewear, Hearables, Bodywear and Other Products
for the Years 2020 & 2027
Table 91: Rest of Europe Current & Future Analysis for Wearable
Electronics by Component – Memory, Sensor, Display,
Connectivity, PCBs and Other Components – Independent Analysis
of Annual Sales in US$ Million for the Years 2020 through 2027
Table 92: Rest of Europe 7-Year Perspective for Wearable
Electronics by Component – Percentage Breakdown of Value Sales
for Memory, Sensor, Display, Connectivity, PCBs and Other
Components for the Years 2020 & 2027
Table 93: Rest of Europe Current & Future Analysis for Wearable
Electronics by Application – Consumer Electronics, Healthcare,
Enterprise & Industrial and Other Applications – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027
Table 94: Rest of Europe 7-Year Perspective for Wearable
Electronics by Application – Percentage Breakdown of Value
Sales for Consumer Electronics, Healthcare, Enterprise &
Industrial and Other Applications for the Years 2020 & 2027
ASIA-PACIFIC
Indian Wearables Market: A High Growth Sector
Indian Wearable Electronics Market Share (in %) by Company: 2019
Table 95: Asia-Pacific Current & Future Analysis for Wearable
Electronics by Product – Wristwear, Eyewear, Hearables,
Bodywear and Other Products – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027
Table 96: Asia-Pacific 7-Year Perspective for Wearable
Electronics by Product – Percentage Breakdown of Value Sales
for Wristwear, Eyewear, Hearables, Bodywear and Other Products
for the Years 2020 & 2027
Table 97: Asia-Pacific Current & Future Analysis for Wearable
Electronics by Component – Memory, Sensor, Display,
Connectivity, PCBs and Other Components – Independent Analysis
of Annual Sales in US$ Million for the Years 2020 through 2027
Table 98: Asia-Pacific 7-Year Perspective for Wearable
Electronics by Component – Percentage Breakdown of Value Sales
for Memory, Sensor, Display, Connectivity, PCBs and Other
Components for the Years 2020 & 2027
Table 99: Asia-Pacific Current & Future Analysis for Wearable
Electronics by Application – Consumer Electronics, Healthcare,
Enterprise & Industrial and Other Applications – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027
Table 100: Asia-Pacific 7-Year Perspective for Wearable
Electronics by Application – Percentage Breakdown of Value
Sales for Consumer Electronics, Healthcare, Enterprise &
Industrial and Other Applications for the Years 2020 & 2027
REST OF WORLD
Table 101: Rest of World Current & Future Analysis for Wearable
Electronics by Product – Wristwear, Eyewear, Hearables,
Bodywear and Other Products – Independent Analysis of Annual
Sales in US$ Million for the Years 2020 through 2027
Table 102: Rest of World 7-Year Perspective for Wearable
Electronics by Product – Percentage Breakdown of Value Sales
for Wristwear, Eyewear, Hearables, Bodywear and Other Products
for the Years 2020 & 2027
Table 103: Rest of World Current & Future Analysis for Wearable
Electronics by Component – Memory, Sensor, Display,
Connectivity, PCBs and Other Components – Independent Analysis
of Annual Sales in US$ Million for the Years 2020 through 2027
Table 104: Rest of World 7-Year Perspective for Wearable
Electronics by Component – Percentage Breakdown of Value Sales
for Memory, Sensor, Display, Connectivity, PCBs and Other
Components for the Years 2020 & 2027
Table 105: Rest of World Current & Future Analysis for Wearable
Electronics by Application – Consumer Electronics, Healthcare,
Enterprise & Industrial and Other Applications – Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027
Table 106: Rest of World 7-Year Perspective for Wearable
Electronics by Application – Percentage Breakdown of Value
Sales for Consumer Electronics, Healthcare, Enterprise &
Industrial and Other Applications for the Years 2020 & 2027
IV. COMPETITION
Total Companies Profiled: 125
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Artificial Intelligence
HITACHI ACQUIRES MA MICRO AUTOMATION OF GERMANY IN EFFORT TO ACCELERATE GLOBAL EXPANSION OF ROBOTIC SI BUSINESS IN THE MEDICAL AND OTHER FIELDS
HOLLAND, Mich., April 26, 2024 /PRNewswire/ — Hitachi Ltd. (TSE: 6501, “Hitachi”) has signed a stock purchase agreement on April 26 to acquire all shares of MA micro automation GmbH (“MA micro automation”, headquartered in St. Leon-Rot, Germany) from MAX Management GmbH (a subsidiary of MAX Automation SE). MA micro automation is a leading provider of robotic and automation technology (robotic SI) including high-speed linear handling systems, high-precision assembly lines, and high-speed vision inspection technology for Europe, North America, and Southeast Asia, for EUR 71.5M million. The transaction is expected to close in the second half of 2024, pending completion of the customary regulatory filings. After the acquisition is completed, MA micro automation will join JR Automation Technologies, LLC (“JR Automation”), a market leader in providing advanced automation solutions and digital technologies in the robotic system integration business for North America, Europe, and Southeast Asia as a continued effort to expand the company’s global presence.
MA micro automation is a technology leader for automation solutions within micro-assembly. Through its state-of-the-art proprietary high-speed and high-precision automation know-how, combined with unique optical image inspection capabilities, MA micro automation serves high-growth med-tech automation end-markets, covering the production, assembly, and testing medical and optical components including contact lenses, IVD and diabetes diagnostics consumables, and injection molding for medical use. The company was established in 2003 through a carve-out from Siemens*1 and since 2013 has been part of the MAX Automation group.
JR Automation is a leading provider of intelligent automated manufacturing technology solutions, serving customers across the globe in a variety of industries including automotive, life sciences, e-mobility, consumer and industrial products. With over 20 locations between North America, Europe, and Southeast Asia, the leading integrator offers nearly 2 million square feet (185,806 sq. m) of available build and engineering floorspace. This acquisition allows JR Automation to further grow and strengthen both the company’s geographical footprint and their continued commitment on expanding support capabilities within the European region and medical market vertical.
“MA micro automation provides engineering, build and support expertise with established capabilities in complex vision applications, high-speed and high-precision automation technologies. When integrated with JR Automation’s uniform global process and digital technologies, this partnership will further enhance our ability to deliver added value and support to all of our customers worldwide and continue to grow our capabilities in the medical market,” says Dave DeGraaf, CEO of JR Automation. “As we integrate this new dimension, impressive talents and abilities of the MA micro automation team we further enhance our ability to serve our customers, creating a more robust and globally balanced offering.”
With this acquisition, Hitachi aims to further enhance its ability to provide a “Total Seamless Solution*2” to connect manufacturer’s factory floors seamlessly and digitally with their front office data, allowing them to achieve total optimization and bringing Industry 4.0 to life. This “Total Seamless Solution” strategy links organizations’ operational activities such as engineering, supply chain, and purchasing to the plant floor and allows for real time, data-driven decision-making that improves the overall business value for customers.
Kazunobu Morita, Vice President and Executive Officer, CEO of Industrial Digital Business Unit, Hitachi, Ltd. says, “We are very pleased to welcome MA micro automation to the Hitachi Group. The team is based in Europe, providing robotic SI to global medical device manufacturing customers with its high technological capabilities and will join forces with JR Automation and Hitachi Automation to strengthen our global competitiveness. Hitachi aims to enhance its ability to provide value to customers and grow alongside them by leveraging its strengths in both OT, IT, including robotic SI, and “Total Seamless Solution” through Lumada*3’s customer co-creation framework.”
Joachim Hardt, CEO MA micro automation GmbH says, “Following the successful establishment and growth of MA micro automation within the attractive automation market for medical technology products, we are now opening a new chapter. Our partnership with Hitachi will not only strengthen our global competitive position, but we will also benefit from joint technological synergies and a global market presence. We look forward to a synergistic partnership with Hitachi and JR Automation.”
Outline of MA micro automation
Name
MA micro automation GmbH
Head Office
St. Leon-Rot, Germany
Representative
Joachim Hardt (CEO)
Outline of Business
Automation solutions within micro-assembly
Total no. of Employees:
Approx. 200 (As of April 2024)
Founded
2003
Revenues (2023)
€ 46.5 million
Website
*1
“Siemens” is a registered trademark or trademark of Siemens Trademark GmbH & Co. KG in the U.S. and other countries.
*2
“Total Seamless Solution” is a registered trademark of Hitachi, Ltd. in the U.S. and Japan.
*3
Lumada: A collective term for solutions, services and technologies based on Hitachi’s advanced digital technologies for creating value from customers’ data accelerating digital innovation. https://www.hitachi.com/products/it/lumada/global/en/index.html
About JR AutomationEstablished in 1980, JR Automation is a leading provider of intelligent automated manufacturing technology solutions that solve customers’ key operational and productivity challenges. JR Automation serves customers across the globe in a variety of industries, including automotive, life sciences, aerospace, and more.
In 2019, JR Automation was acquired by Hitachi, Ltd. In a strategic effort towards offering a seamless connection between the physical and cyber space for industrial manufacturers and distributers worldwide. With this partnership, JR Automation provides customers a unique, single-source solution for complete integration of their physical assets and data information, offering greater speed, flexibility, and efficiencies towards achieving their Industry 4.0 visions. JR Automation employs over 2,000 people at 21 manufacturing facilities in North America, Europe, and Asia. For more information, please visit www.jrautomation.com.
About Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the 3 business sectors of “Digital Systems & Services” – supporting our customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonized society through energy and railway systems, and “Connective Industries” – connecting products through digital technology to provide solutions in various industries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. The company’s revenues as 3 sectors for fiscal year 2023 (ended March 31, 2024) totaled 8,564.3 billion yen, with 573 consolidated subsidiaries and approximately 270,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.
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Artificial Intelligence
$10 million Artificial Intelligence Mathematical Olympiad Prize appoints further advisory committee members
D. Sculley, Kevin Buzzard, Leo de Moura, Lester Mackey and Peter J. Liu appointed to the advisory committee for the Artificial Intelligence Mathematical Olympiad Prize.
LONDON, April 26, 2024 /PRNewswire/ — XTX Markets’ newly created Artificial Intelligence Mathematical Olympiad Prize (‘AIMO Prize’) is a $10mn challenge fund designed to spur the creation of a publicly shared AI model capable of winning a gold medal in the International Mathematical Olympiad (IMO).
XTX Markets is delighted to announce the appointment of five further advisory committee members. This group brings great expertise in machine learning, including D. Sculley, the CEO of Kaggle; Lester Mackey, a Principal Researcher at Microsoft Research and a Macarthur Fellow; and Peter J. Liu, a research scientist at Google DeepMind.
Prolific mathematicians Kevin Buzzard, who achieved a perfect score in the International Mathematical Olympiad, and Leo De Moura who is the Chief Architect for Lean, the automated reasoning tool, also join the advisory group.
They join the existing advisory committee members Terence Tao and Timothy Gowers, both winners of the Fields Medal, as well as Dan Roberts, Geoff Smith and Po-Shen Loh.
The AIMO Advisory Committee will support the development of the AIMO Prize, including advising on appropriate protocols and technical aspects, and designing the various competitions and prizes.
Simon Coyle, Head of Philanthropy at XTX Markets, commented:
“We are thrilled to complete the AIMO Advisory Committee with the appointments of D., Kevin, Leo, Lester and Peter. Together, they have enormous experience in machine learning and automated reasoning and are already bringing expertise and wisdom to the AIMO Prize. We look forward to announcing the winners of the AIMO’s first Progress Prize soon, and then publicly sharing the AI models to support the open and collaborative development of AI.”
Further information on the AIMO Prize
There will be a grand prize of $5mn for the first publicly shared AI model to enter an AIMO approved competition and perform at a standard equivalent to a gold medal in the IMO. There will also be a series of progress prizes, totalling up to $5mn, for publicly shared AI models that achieve key milestones towards the grand prize.
The first AIMO approved competition opened to participants in April 2024 on the Kaggle competition platform. The first progress prize focuses on problems pitched at junior and high-school level maths competitions. There is a total prize pot of $1.048m for the first progress prize, of which at least $254k will be awarded in July 2024, There will be a presentation of progress held in Bath, England in July 2024, as part of the 65th IMO.
For more information on the AIMO Prize visit: https://aimoprize.com/ or the competition page on Kaggle: https://www.kaggle.com/competitions/ai-mathematical-olympiad-prize/
Advisory Committee member profiles:
D. Sculley
D. is the CEO at Kaggle. Prior to joining Kaggle, he was a director at Google Brain, leading research teams working on robust, responsible, reliable and efficient ML and AI. In his career in ML, he has worked on nearly every aspect of machine learning, and has led both product and research teams including those on some of the most challenging business problems. Some of his well-known work involves ML technical debt, ML education, ML robustness, production-critical ML, and ML for scientific applications such as protein design.
Kevin Buzzard
Kevin a professor of pure mathematics at Imperial College London, specialising in algebraic number theory. As well as his research and teaching, he has a wide range of interests, including being Deputy Head of Pure Mathematics, Co-Director of a CDT and the department’s outreach champion. He is currently focusing on formal proof verification, including being an active participant in the Lean community. From October 2024, he will be leading a project to formalise a 21st century proof of Fermat’s Last Theorem. Before joining Imperial, some 20 years ago, he was a Junior Research Fellow at the University of Cambridge, where he had previously been named ‘Senior Wrangler’ (the highest scoring undergraduate mathematician). He was also a participant in the International Mathematical Olympiad, winning gold with a perfect score in 1987. He has been a visitor at the IAS in Princeton, a visiting lecturer at Harvard, has won several prizes both for research and teaching, and has given lectures all over the world.
Leo de Moura
Leo is a Senior Principal Applied Scientist in the Automated Reasoning Group at AWS. In his spare time, he dedicates himself to serving as the Chief Architect of the Lean FRO, a non-profit organization that he proudly co-founded alongside Sebastian Ullrich. He is also honoured to hold a position on the Board of Directors at the Lean FRO, where he actively contributes to its growth and development. Before joining AWS in 2023, he was a Senior Principal Researcher in the RiSE group at Microsoft Research, where he worked for 17 years starting in 2006. Prior to that, he worked as a Computer Scientist at SRI International. His research areas are automated reasoning, theorem proving, decision procedures, SAT and SMT. He is the main architect of several automated reasoning tools: Lean, Z3, Yices 1.0 and SAL. Leo’s work in automated reasoning has been acknowledged with a series of prestigious awards, including the CAV, Haifa, and Herbrand awards, as well as the Programming Languages Software Award by the ACM. Leo’s work has also been reported in the New York Times and many popular science magazines such as Wired, Quanta, and Nature News.
Lester Mackey
Lester Mackey is a Principal Researcher at Microsoft Research, where he develops machine learning methods, models, and theory for large-scale learning tasks driven by applications from climate forecasting, healthcare, and the social good. Lester moved to Microsoft from Stanford University, where he was an assistant professor of Statistics and, by courtesy, of Computer Science. He earned his PhD in Computer Science and MA in Statistics from UC Berkeley and his BSE in Computer Science from Princeton University. He co-organized the second place team in the Netflix Prize competition for collaborative filtering; won the Prize4Life ALS disease progression prediction challenge; won prizes for temperature and precipitation forecasting in the yearlong real-time Subseasonal Climate Forecast Rodeo; and received best paper, outstanding paper, and best student paper awards from the ACM Conference on Programming Language Design and Implementation, the Conference on Neural Information Processing Systems, and the International Conference on Machine Learning. He is a 2023 MacArthur Fellow, a Fellow of the Institute of Mathematical Statistics, an elected member of the COPSS Leadership Academy, and the recipient of the 2023 Ethel Newbold Prize.
Peter J. Liu
Peter J. Liu is a Research Scientist at Google DeepMind in the San Francisco Bay area, doing machine learning research with a specialisation in language models since 2015 starting in the Google Brain team. He has published and served as area chair in top machine learning and NLP conferences such as ICLR, ICML, NEURIPS, ACL and EMNLP. He also has extensive production experience, including launching the first deep learning model for Gmail Anti-Spam, and using neural network models to detect financial fraud for top banks. He has degrees in Mathematics and Computer Science from the University of Toronto.
About XTX Markets:
XTX Markets is a leading financial technology firm which partners with counterparties, exchanges and e-trading venues globally to provide liquidity in the Equity, FX, Fixed Income and Commodity markets. XTX has over 200 employees based in London, Paris, New York, Mumbai, Yerevan and Singapore. XTX is consistently a top 5 liquidity provider globally in FX (Euromoney 2018-present) and is also the largest European equities (systematic internaliser) liquidity provider (Rosenblatt FY: 2020-2023).
The company’s corporate philanthropy focuses on STEM education and maximum impact giving (alongside an employee matching programme). Since 2017, XTX has donated over £100mn to charities and good causes, establishing it as a major donor in the UK and globally.
In a changing world XTX Markets is at the forefront of making financial markets fairer and more efficient for all.
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Artificial Intelligence
Hikvision redefines urban mobility with AIoT-powered solutions at Intertraffic 2024
HANGZHOU, China, April 26, 2024 /PRNewswire/ — Hikvision made a significant appearance at Intertraffic Amsterdam, the leading global trade fair for mobility and traffic technology. At the trade event, Hikvision unveiled a suite of traffic, transport, and parking management solutions and products powered by Artificial Intelligence of Things (AIoT) technology, which promised to improve urban mobility, road safety, and operational efficacy.
Elevating urban traffic intelligence with AIoT
One highlight of the Hikvision stand was its intelligent urban traffic solution, which leveraged the power of AIoT to deliver comprehensive real-time monitoring, incident detection, and traffic control. This solution intelligently reshapes traffic dynamics, offering a more responsive and data-driven approach to enhance situational awareness and traffic management. Key innovations in the solution included:
Hikvision’s radar-video fusion camerasThese combine the range perception of radar with the visual perception of video. The 4 MP Radar and Video Vehicle Detector, for example, helps to enhance road safety by providing early warning of potential hazards in challenging situations such as blind spots at intersections and obstacles outside the visual range.Hikvision’s All-In-One Traffic SpotterThis stands out with its multifaceted design incorporating video, radar, and lighting technologies for heightened traffic violation detection. Its streamlined column design facilitates effortless installation.Hikvision’s Radar-Linked PTZ Camera This ensures consistent performance in adverse weather and lightening conditions, and minimizes false alarms with advanced deep-learning algorithms.Innovating parking management
Hikvision also introduced its parking management solutions. These combine extremely precise license plate recognition and intelligent barrier controls incorporating highly accurate radar sensors. This comprehensive approach enhances security, reduces the need for manual intervention, and streamlines traffic flow across parking areas. The Global Shutter CMOS* (GMOS) ANPR camera was a new addition to the lineup. Designed to seamlessly blend in the environment, it is tailored for the task of discreetly capturing license plates at parking facilities that prioritize subtlety.
Advancing public transportation safety and efficiency
Attendees also had the opportunity to explore Hikvision’s latest public transport solutions, integrating AI-driven analytics with advanced video security, on-site voice broadcasting, and centralized management for enhanced onboard security, improved passenger experience, and operational efficiency for buses and taxis. This included the Four-way monitoring system and the Panoramic Auxiliary System, both designed to reduce blind spots and provide high-definition imaging to improve driving safety.
“As ever, we are continually expanding our suite of technologies to enhance traffic safety and efficiency,” said Nick Wu, Project Product Director at Hikvision Europe. “Our commitment lies in minimizing the need for extensive roadside installations by incorporating comprehensive perception and robust AI within unified device frameworks. These innovations automate and streamline every aspect of traffic management, from violation detection to traffic flow monitoring, driving safety, and parking management.”
To find out more about Hikvision’s urban mobility products and solutions, please explore its official website.
Note: CMOS stands for Complementary Metal-Oxide-Semiconductor.
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