Sweat Powered Smartwatches Market size is expected to register remarkable growth rate during the forecast period i.e., between 2024-2036. Scientists have invented a new technology of charging batteries using human sweat, which are used to power these smartwatches, which can be charged by mere 20 micro liters of fluid. The growth of the market can be attributed to the growing trend of wearable smartwatches, along with ongoing technological advancements in battery technology. Over 15 million smartwatches were sold in 2019, globally, which grew to almost 20 million in 2020. The growing demand for smartwatches is estimated to act as a major growth driver for the market. The lower requirement of charge for running the watch makes it a feasible device to work on sweat. The growing adoption of alternate source for power, and growth in technology are anticipated to boost the market growth. Practical implementation of this concept is yet awaited.
The demand for smartwatches is higher in cities, and urban settlements, owing to the technological awareness amongst the urban population, and higher disposable income of this section of population. As a result, growing urbanization is expected to boost the demand for smartwatches, which, in turn, is projected to boost the sweat powered smartwatches market growth. According to the data by the World Bank, 4.352 billion people live in urban areas, as of 2020. The urban population accounted to 56.15% of the total global population in 2020, and is estimated to increase to over two-third of the total population by 2050. Growing investment in technical R&D activities is also expected to fuel the market growth.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024–2036 |
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Regional Scope |
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The market is segmented by application into personal assistance, medical, sports, and others, out of which, the sports segment is anticipated to hold the notable share in the global sweat powered smartwatches market over the forecast period on account of increasing interest in sports, rising demand for fitness trackers by sport persons, and larger amount of sweat released by sportspersons. Moreover, the growing demand for smartwatches amongst fitness enthusiasts to track their fitness goals, is estimated to boost the market growth.
Our in-depth analysis of the global market includes the following segments:
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By Age Group |
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By Application |
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On the basis of geographical analysis, the sweat powered smartwatches market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in North America industry is anticipated to account for largest revenue share by 2036, impelled by higher adoption of innovative technology, presence of major smartwatch manufacturing companies, and higher disposable income of the masses. Moreover, increasing demand for smartwatches in the United States, is estimated to boost the market growth. North America market is the most preferred market for smartwatch manufacturers, owing to growing demand for self-tracking health activities, backed by growing health awareness in the region. This is why, North America sweat powered smartwatches market is estimated to offer significant growth opportunities for the sweat powered smartwatches.
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The researchers from the University of Glasgow designed a novel technology battery, that can work on human sweat. This battery contains a new type of flexible supercapacitor, which has replaced the electrolytes typically found in batteries. It collects sweat, and ions in the sweat react with a special polymer to produce charge.
Smartwatches running on sweat powered batteries to be the next ‘new thing’ in smartwatch technology. These sweat-powered wearables are expected to hit the market in the near future.
Author Credits: Abhishek Verma
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