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Global Electronic Skin Market Expected to Reach $1,719.38 Million by 2025 - Allied Market Research
[February 26, 2018]

Global Electronic Skin Market Expected to Reach $1,719.38 Million by 2025 - Allied Market Research


PORTLAND, Oregon and PUNE, India, February 26, 2018 /PRNewswire/ --

According to a new report by Allied Market Research, titled, Electronic Skin Market by Application: Global Opportunities Analysis and Industry Forecast, 2020-2025, the Electronic skin market was valued at $464.04 million in 2020, and is projected to reach at $1,719.38 million by 2025, growing at a CAGR of 38.7% from 2021 to 2025.

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Electronic skin consists of stretchable network of sensors and flexible electronics, which are used in biometric prosthetics, intelligent robots, and others. It senses heat, pressure, temperature, and other influencing factors.

In 2020, wearable technology segment dominated the market, in terms of revenue, due to increased disposable income across various developing and developed nations.

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North America is anticipated to be the highest revenue contributor to the electronic skin arket in 2020, accounting for around 37.90% share, owing to rise in investment on robotics technology.



The report features a competitive scenario of the electronic skin market and provides a comprehensive analysis of key growth strategies adopted by the major players. The key players profiled in the study are MC10, Xensio, Rotex Inc. Intelesens ltd, Immageryworks Pty Ltd, Dialog Devices Limited, SmartLifeinc Limited, Xenoma Inc., Plastic electronic GmbH, and VivaLnK, Inc.

Key Findings of the Electronic Skin Market: 


  • Wearable technology segment is anticipated to generate the highest revenue in 2020, accounting for $186 million.
  • North America is expected to dominate the market, in terms of market share, during the forecast period.

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About Us: 

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

 

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SOURCE Allied Market Research


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