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

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    Report

  • 158 Pages
  • April 2022
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5600685
The Global Smart Glove Market size is expected to reach $3.9 billion by 2028, rising at a market growth of 10.0% CAGR during the forecast period.

The smart glove is an improved wearable gadget that allows users to interact with virtual items in a more intuitive and direct manner. Furthermore, the smart wearable gloves imitate sensitive inputs that may be felt by the user's hands, such as kinesthetic and tactile feedback, which simulates touching and handling goods. Smart gadgets can also be used as a fashion statement, a fitness tracker, a specific health problem monitoring device, a media device, or to connect to other digital devices.

Smart Gloves are a type of sensor technology glove that can be used for advanced and personalized solutions such as hand protection, high-tech rehab devices, and other assistive device services. Smart Gloves are microcontroller-based electronic devices that provide cutting-edge opportunities for a variety of commercial applications, including medical grade gloves and industrial grade gloves. The rise of the Internet of Things (IoT), artificial intelligence, and connected devices, as well as advancements in wearable health devices, smart personal protective equipment with GPS, wireless communication features, and in-built voice assistance, have all aided the Smart Glove Industry's growth.

Smart wearable gloves are interactive gloves that can act as a translator for those who are deaf or hard of hearing. When these gloves are connected to MATLAB, they provide a high level of gesture detection accuracy. The integration of gesture recognition will be one of the primary elements that will have a beneficial impact on the industry's growth. To map the orientation of the hand and fingers, bend sensors, Hall Effect sensors, and accelerometers are incorporated inside smart wearable gloves. As a result, the healthcare industry is widely adopting and recommending gesture-recognition smart wearing gloves for people with disabilities. These gloves assist them in translating sign language into a more human-readable text message.

Market Restraining Factors


High Prices and Risk of Failure of Smart Gloves

The Market for Smart Gloves is growing as a result of substantial technological advancements that combine sensing and feedback operations to create smarter systems. As a result, commercially available devices with smart glove features are prohibitively expensive, which is a major impediment to quick adoption. Due to this, factors such as less logical investment and unavailability of some of the most advanced smart glove technology in some countries due to high cost are anticipated to limit the Smart Glove Market.

Industry Vertical Outlook

Based on Industry Vertical, the Market is segmented into Healthcare, Industrial, Fitness, and Others. The healthcare segment acquired the largest revenue share in the smart glove Market in 2021. The widespread adoption of next-generation virtual reality and Internet of Things solutions has resulted in the expansion of smart glove solutions in the healthcare and fitness sectors, boosting the smart glove industry's growth. The data which these devices collect through tracking helps doctors and healthcare individuals better care for the patient.

Regional Outlook

Based on Regions, the Market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. North America acquired the largest revenue share in the smart glove Market in 2021. The Market in this regions is expected to be driven by the early acceptance of IoT, large-scale deployment of a broad range of ubiquitous systems, such as wearable computing and sensor technologies across multiple business sectors, and growing consumer interest in'sensorized" fitness wearable gadgets.

The Market research report covers the analysis of key stakeholders 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.

Recent Strategies Deployed in Smart Glove Market

  • Oct-2021: HaptX entered into a partnership with Haption, a France-based producer of top-spec force feedback devices. The partnership aimed at designing unmatched levels of full-body immersion for workers in robotics, training, and industrial design. This partnership permitted Haption to put an end to the production of its HGlove haptic gloves to work solely on Market ing HaptX gloves to their client base
  • Jun-2021: Dexta Robotics released Dexmo Enterprise Edition, the world's premier wireless force feedback gloves. These smart gloves empower its users to perform real-life actions with their full-hand dexterity in the virtual world. The advanced sensors equipped in the gloves enable users to feel the shape, texture, size, and stiffness of virtual objects.
  • Jun-2021: ProGlove extended its partnership with Panasonic System Solutions Company, a major Japanese multinational conglomerate company. This partnership aimed to address the industry's requirement to improve logistics, warehousing and supply chain operations.
  • Jan-2021: HaptX unveiled HaptX Gloves DK2, improved haptic feedback gloves featuring & ldquo;true-contact” haptic technology. These gloves offered its users the sensation of touch when they interacted with something in a VR game or app. The technology allowed them to feel the texture, size, weight, and impact of objects in a virtual environment.
  • Jul-2020: ProGlove entered into a partnership with Vuzix Corporation, a key player supplying smart glasses and augmented reality (AR) technology and products. The partnership aimed at bringing together a combined product solution to meet the growing need for greater optimization and safety in industries spanning transportation, retail, logistics, and manufacturing.
  • Jan-2020: Samsung Electronics America joined hands with ProGlove, a leading company involved in developing wearables. The collaboration announced a combined product solution to meet the rising need for wearable scanners in industries ranging from transportation, retail, manufacturing, and logistics. The combined solution is composed of ProGlove's MARK product family of wearable barcode scanners and Samsung's most advanced ruggedized smartphone for business-the Galaxy XCover Pro-offering enterprise users a smooth, secure flow of information,.
  • Nov-2019: ProGlove formed a partnership with Ansell Limited, a key global player in providing safety solutions. The partnership aimed at designing hand protection solutions utilizing technology to establish the right personal protective equipment (PPE) compliance in the workplace.
  • Jun-2019: Dexta Robotics unveiled Dexmo glove, a smart glove. These gloves are the world's first Dexo gloves, which integrate motion capture and force feedback across more than 50 generations of iterations.
  • May-2019: ProGlove unveiled MARK 2, a part of the company's second generation of smart gloves. The new wearable is unique due to its Bluetooth Low Energy (BLE) connection, increased scans per second, larger scan range, and extended battery life.
  • Oct-2018: Neofect unveiled NeoMano wearable robotic glove, an innovative solution that enhanced hand mobility and allows people to regain independence. The NeoMano wearable robotic glove empowered people recovering from stroke or living with multiple sclerosis, spinal cord injuries (SCI), cerebral palsy, or ALS to do everyday tasks they could not otherwise.

Scope of the Study


Market Segments Covered in the Report:


By Usage
  • Specific Health Monitoring Device
  • Fitness Tracker
  • Media & amp; Connected Device
  • Others
By Industry Vertical
  • Healthcare
  • Industrial
  • Fitness
  • Others

By Geography

  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

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.

Unique Offerings from the Publisher

  • Exhaustive coverage
  • The highest number of Market tables and figures
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  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Smart Glove Market, by Usage
1.4.2 Global Smart Glove Market, by Industry Vertical
1.4.3 Global Smart Glove Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Smart Glove Market
Chapter 4. Global Smart Glove Market by Usage
4.1 Global Specific Health Monitoring Device Market by Region
4.2 Global Fitness Tracker Market by Region
4.3 Global Media & Connected Device Market by Region
4.4 Global Others Market by Region
Chapter 5. Global Smart Glove Market by Industry Vertical
5.1 Global Healthcare Market by Region
5.2 Global Industrial Market by Region
5.3 Global Fitness Market by Region
5.4 Global Others Market by Region
Chapter 6. Global Smart Glove Market by Region
6.1 North America Smart Glove Market
6.1.1 North America Smart Glove Market by Usage
6.1.1.1 North America Specific Health Monitoring Device Market by Country
6.1.1.2 North America Fitness Tracker Market by Country
6.1.1.3 North America Media & Connected Device Market by Country
6.1.1.4 North America Others Market by Country
6.1.2 North America Smart Glove Market by Industry Vertical
6.1.2.1 North America Healthcare Market by Country
6.1.2.2 North America Industrial Market by Country
6.1.2.3 North America Fitness Market by Country
6.1.2.4 North America Others Market by Country
6.1.3 North America Smart Glove Market by Country
6.1.3.1 US Smart Glove Market
6.1.3.1.1 US Smart Glove Market by Usage
6.1.3.1.2 US Smart Glove Market by Industry Vertical
6.1.3.2 Canada Smart Glove Market
6.1.3.2.1 Canada Smart Glove Market by Usage
6.1.3.2.2 Canada Smart Glove Market by Industry Vertical
6.1.3.3 Mexico Smart Glove Market
6.1.3.3.1 Mexico Smart Glove Market by Usage
6.1.3.3.2 Mexico Smart Glove Market by Industry Vertical
6.1.3.4 Rest of North America Smart Glove Market
6.1.3.4.1 Rest of North America Smart Glove Market by Usage
6.1.3.4.2 Rest of North America Smart Glove Market by Industry Vertical
6.2 Europe Smart Glove Market
6.2.1 Europe Smart Glove Market by Usage
6.2.1.1 Europe Specific Health Monitoring Device Market by Country
6.2.1.2 Europe Fitness Tracker Market by Country
6.2.1.3 Europe Media & Connected Device Market by Country
6.2.1.4 Europe Others Market by Country
6.2.2 Europe Smart Glove Market by Industry Vertical
6.2.2.1 Europe Healthcare Market by Country
6.2.2.2 Europe Industrial Market by Country
6.2.2.3 Europe Fitness Market by Country
6.2.2.4 Europe Others Market by Country
6.2.3 Europe Smart Glove Market by Country
6.2.3.1 Germany Smart Glove Market
6.2.3.1.1 Germany Smart Glove Market by Usage
6.2.3.1.2 Germany Smart Glove Market by Industry Vertical
6.2.3.2 UK Smart Glove Market
6.2.3.2.1 UK Smart Glove Market by Usage
6.2.3.2.2 UK Smart Glove Market by Industry Vertical
6.2.3.3 France Smart Glove Market
6.2.3.3.1 France Smart Glove Market by Usage
6.2.3.3.2 France Smart Glove Market by Industry Vertical
6.2.3.4 Russia Smart Glove Market
6.2.3.4.1 Russia Smart Glove Market by Usage
6.2.3.4.2 Russia Smart Glove Market by Industry Vertical
6.2.3.5 Spain Smart Glove Market
6.2.3.5.1 Spain Smart Glove Market by Usage
6.2.3.5.2 Spain Smart Glove Market by Industry Vertical
6.2.3.6 Italy Smart Glove Market
6.2.3.6.1 Italy Smart Glove Market by Usage
6.2.3.6.2 Italy Smart Glove Market by Industry Vertical
6.2.3.7 Rest of Europe Smart Glove Market
6.2.3.7.1 Rest of Europe Smart Glove Market by Usage
6.2.3.7.2 Rest of Europe Smart Glove Market by Industry Vertical
6.3 Asia Pacific Smart Glove Market
6.3.1 Asia Pacific Smart Glove Market by Usage
6.3.1.1 Asia Pacific Specific Health Monitoring Device Market by Country
6.3.1.2 Asia Pacific Fitness Tracker Market by Country
6.3.1.3 Asia Pacific Media & Connected Device Market by Country
6.3.1.4 Asia Pacific Others Market by Country
6.3.2 Asia Pacific Smart Glove Market by Industry Vertical
6.3.2.1 Asia Pacific Healthcare Market by Country
6.3.2.2 Asia Pacific Industrial Market by Country
6.3.2.3 Asia Pacific Fitness Market by Country
6.3.2.4 Asia Pacific Others Market by Country
6.3.3 Asia Pacific Smart Glove Market by Country
6.3.3.1 China Smart Glove Market
6.3.3.1.1 China Smart Glove Market by Usage
6.3.3.1.2 China Smart Glove Market by Industry Vertical
6.3.3.2 Japan Smart Glove Market
6.3.3.2.1 Japan Smart Glove Market by Usage
6.3.3.2.2 Japan Smart Glove Market by Industry Vertical
6.3.3.3 India Smart Glove Market
6.3.3.3.1 India Smart Glove Market by Usage
6.3.3.3.2 India Smart Glove Market by Industry Vertical
6.3.3.4 South Korea Smart Glove Market
6.3.3.4.1 South Korea Smart Glove Market by Usage
6.3.3.4.2 South Korea Smart Glove Market by Industry Vertical
6.3.3.5 Singapore Smart Glove Market
6.3.3.5.1 Singapore Smart Glove Market by Usage
6.3.3.5.2 Singapore Smart Glove Market by Industry Vertical
6.3.3.6 Malaysia Smart Glove Market
6.3.3.6.1 Malaysia Smart Glove Market by Usage
6.3.3.6.2 Malaysia Smart Glove Market by Industry Vertical
6.3.3.7 Rest of Asia Pacific Smart Glove Market
6.3.3.7.1 Rest of Asia Pacific Smart Glove Market by Usage
6.3.3.7.2 Rest of Asia Pacific Smart Glove Market by Industry Vertical
6.4 LAMEA Smart Glove Market
6.4.1 LAMEA Smart Glove Market by Usage
6.4.1.1 LAMEA Specific Health Monitoring Device Market by Country
6.4.1.2 LAMEA Fitness Tracker Market by Country
6.4.1.3 LAMEA Media & Connected Device Market by Country
6.4.1.4 LAMEA Others Market by Country
6.4.2 LAMEA Smart Glove Market by Industry Vertical
6.4.2.1 LAMEA Healthcare Market by Country
6.4.2.2 LAMEA Industrial Market by Country
6.4.2.3 LAMEA Fitness Market by Country
6.4.2.4 LAMEA Others Market by Country
6.4.3 LAMEA Smart Glove Market by Country
6.4.3.1 Brazil Smart Glove Market
6.4.3.1.1 Brazil Smart Glove Market by Usage
6.4.3.1.2 Brazil Smart Glove Market by Industry Vertical
6.4.3.2 Argentina Smart Glove Market
6.4.3.2.1 Argentina Smart Glove Market by Usage
6.4.3.2.2 Argentina Smart Glove Market by Industry Vertical
6.4.3.3 UAE Smart Glove Market
6.4.3.3.1 UAE Smart Glove Market by Usage
6.4.3.3.2 UAE Smart Glove Market by Industry Vertical
6.4.3.4 Saudi Arabia Smart Glove Market
6.4.3.4.1 Saudi Arabia Smart Glove Market by Usage
6.4.3.4.2 Saudi Arabia Smart Glove Market by Industry Vertical
6.4.3.5 South Africa Smart Glove Market
6.4.3.5.1 South Africa Smart Glove Market by Usage
6.4.3.5.2 South Africa Smart Glove Market by Industry Vertical
6.4.3.6 Nigeria Smart Glove Market
6.4.3.6.1 Nigeria Smart Glove Market by Usage
6.4.3.6.2 Nigeria Smart Glove Market by Industry Vertical
6.4.3.7 Rest of LAMEA Smart Glove Market
6.4.3.7.1 Rest of LAMEA Smart Glove Market by Usage
6.4.3.7.2 Rest of LAMEA Smart Glove Market by Industry Vertical
Chapter 7. Company Profiles
7.1 Flint Rehabilitation Devices, LLC
7.1.1 Company Overview
7.2 Neofect
7.2.1 Company Overview
7.2.2 Recent strategies and developments:
7.2.2.1 Product Launches and Product Expansions:
7.3 HaptX, Inc.
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Partnerships, Collaborations, and Agreements:
7.3.2.2 Product Launches and Product Expansions:
7.4 Samsung Electronics Co. Ltd.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.5 Workaround GmbH (ProGlove)
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Partnerships, Collaborations, and Agreements:
7.5.2.2 Product Launches and Product Expansions:
7.6 Shenzhen Seekas Technology Co., Ltd.
7.6.1 Company Overview
7.7 Saebo, Inc.
7.7.1 Company Overview
7.8 Dexta Robotics
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Product Launches and Product Expansions:
7.9 Vandrico Solutions, Inc.
7.9.1 Company Overview

Companies Mentioned

  • 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.

Methodology

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