Wearable Sun & Light Tracker Market Size & Share, by Spectrum Range {UVA (315-400 nm), UVB (280-315nm)}; Wearable Type (Handheld, Band, Strap, Stickers, Clip-Ons); Distribution Channel (Online, Offline) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 3560
  • Published Date: Sep 25, 2023
  • Report Format: PDF, PPT
  1. An Outline of the Global Wearable Sun & Light Tracker Market
    1. Market Definition
    2. Market Segmentation
    3. Product Overview
  2. Assumptions & Abbreviations
  3. Research Methodology & Approach
    1. Research Process
    2. Primary Research
      1. Manufacturer
      2. End-Users
    3. Secondary Research
    4. Market Size Estimation
  4. Summary of the Report for Key Decision Makers
  5. Forces of Market Constituents
    1. Factors/drivers impacting the growth of the market
    2. Market trends for better business practices
  6. Key Market Opportunities for Business Growth
  7. Major Roadblocks for the Market Growth
  8. Decarbonization Strategy and Carbon Credit Benefits for Market Players
    1. Global Government Decarbonization Plans/Goals by Each Country under 2015 Agreement Agreed by 200 Countries
    2. Measures taken by Countries to Reduce Carbon Footprints
    3. Carbon Credits and Subsidy Plans/Benefits Rolled out by the Government for Market Players
    4. Effective Ways to Harness Carbon-Credits and Impact on Profit Margins
    5. Demand Impact on the Companies Opting for Carbon Credits
  9. Government Regulation: How They Would aid Business?
  10. Industry Risk Analysis
  11. Global Economic Outlook: Challenges for Global Recovery and its Impact on Global Wearable Sun & Light Tracker Market
    1. Ukraine-Russia crisis
    2. Potential US economic slowdown
  12. Industry Pricing Benchmarking & Analysis
  13. Impact of Recession on Global Economy
  14. Industry Growth Outlook
  15. Industry Supply Chain Analysis
  16. Technology Analysis
  17. Regional Analysis
  18. Porter’s Five Analysis
  19. Startup Analysis
  20. Product Feature Analysis
  21. Competitive Positioning: Strategies to Differentiate a Company From its Competitor
  22. Competitive Model: A Detailed Inside View for Investors
    1. Company Market Share (2016)
    2. Business Profile of Key Enterprise
    3. Shade
      1. Comfable
      2. Stream Product Development, Inc.
      3. SunSense
      4. Ultra, Inc.
      5. Intellego Technologies AB
      6. LOREAL GROUPE
      7. Goodlux Technology
      8. SunFriend Corporation
      9. Future Concepts UG
      10. Other key players
  23. Global Wearable Sun & Light Tracker Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
    3. Year-on-Year (YoY) Growth Trend Analysis
      1. Global Wearable Sun & Light Tracker Market Outlook & Projections, Opportunity Assessment by Segment, 2022-2035
        1. By Spectrum Range
          1. UVA (315-400nm), Market Value (USD Million) and CAGR, 2022-2035F
          2. UVB (280-315 nm), Market Value (USD Million) and CAGR, 2022-2035F
        2. Global Wearable Sun & Light Tracker Market Outlook & Projections, Opportunity Assessment by Segment, 2022-2035
        3. By Wearable Type
          1. Handheld, Market Value (USD Million) and CAGR, 2022-2035F
          2. Band, Market Value (USD Million) and CAGR, 2022-2035F
          3. Strap, Market Value (USD Million) and CAGR, 2022-2035F
          4. Stickers, Market Value (USD Million) and CAGR, 2022-2035F
          5. Clip-Ons, Market Value (USD Million) and CAGR, 2022-2035F
          6. Others, Market Value (USD Million) and CAGR, 2022-2035F
        4. Global Wearable Sun & Light Tracker Market Outlook & Projections, Opportunity Assessment by Segment, 2022-2035
        5. By Distribution Channel
          1. Online, Market Value (USD Million) and CAGR, 2022-2035F
            1. E-Commerce, Market Value (USD Million) and CAGR, 2022-2035F
            2. Company-owned Website, Market Value (USD Million) and CAGR, 2022-2035F
          2. Offline, Market Value (USD Million) and CAGR, 2022-2035F
            1. Supermarkets, Market Value (USD Million) and CAGR, 2022-2035F
            2. Specialty Stores, Market Value (USD Million) and CAGR, 2022-2035F
            3. Others, Market Value (USD Million) and CAGR, 2022-2035F
        6. Global Wearable Sun & Light Tracker Market Segmentation Analysis (2022-2035)
        7. By Geography
          1. North America, Market Value (USD Million) and CAGR, 2022-2035F
          2. Europe, Market Value (USD Million) and CAGR, 2022-2035F
          3. Asia Pacific, Market Value (USD Million) and CAGR, 2022-2035F
          4. Latin America, Market Value (USD Million) and CAGR, 2022-2035F
          5. Middle East & Africa, Market Value (USD Million) and CAGR, 2022-2035F
  24. Cross Analysis of Type w.r.t. End User (USD Million), 2022
  25. North America Wearable Sun & Light Tracker Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
    3. Year-on-Year (YoY) Growth Trend Analysis
      1. North America  Wearable Sun & Light Tracker Market Outlook & Projections, Opportunity Assessment by Segment, 2022-2035
        1. By Spectrum Range
          1. UVA (315-400nm), Market Value (USD Million) and CAGR, 2022-2035F
          2. UVB (280-315 nm), Market Value (USD Million) and CAGR, 2022-2035F
        2. North America Wearable Sun & Light Tracker Market Outlook & Projections, Opportunity Assessment by Segment, 2022-2035
        3. By Wearable Type
          1. Handheld, Market Value (USD Million) and CAGR, 2022-2035F
          2. Band, Market Value (USD Million) and CAGR, 2022-2035F
          3. Strap, Market Value (USD Million) and CAGR, 2022-2035F
          4. Stickers, Market Value (USD Million) and CAGR, 2022-2035F
          5. Clip-Ons, Market Value (USD Million) and CAGR, 2022-2035F
          6. Others, Market Value (USD Million) and CAGR, 2022-2035F
        4. North America Wearable Sun & Light Tracker Market Outlook & Projections, Opportunity Assessment by Segment, 2022-2035
        5. By Distribution Channel
          1. Online, Market Value (USD Million) and CAGR, 2022-2035F
            1. E-Commerce, Market Value (USD Million) and CAGR, 2022-2035F
            2. Company-owned Website, Market Value (USD Million) and CAGR, 2022-2035F
          2. Offline, Market Value (USD Million) and CAGR, 2022-2035F
            1. Supermarkets, Market Value (USD Million) and CAGR, 2022-2035F
            2. Specialty Stores, Market Value (USD Million) and CAGR, 2022-2035F
            3. Others, Market Value (USD Million) and CAGR, 2022-2035F
        6. North America Wearable Sun & Light Tracker Market Segmentation Analysis (2022-2035)
      2. By Country
        1. US, Market Value (USD Million) and CAGR, 2022-2035F
        2. Canada, Market Value (USD Million) and CAGR, 2022-2035F
  26. Europe Wearable Sun & Light Tracker Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
    3. Year-on-Year (YoY) Growth Trend Analysis
      1. Europe Wearable Sun & Light Tracker Market Outlook & Projections, Opportunity Assessment by Segment, 2022-2035

By Spectrum Range

  1. Europe Wearable Sun & Light Tracker Market Outlook & Projections, Opportunity Assessment by Segment, 2022-2035

By Wearable Type

  1. Europe Wearable Sun & Light Tracker Market Outlook & Projections, Opportunity Assessment by Segment, 2022-2035

By Distribution Channel

  1. Europe Wearable Sun & Light Tracker Market Segmentation Analysis (2022-2035)

By Country

  1. UK, Market Value (USD Million) and CAGR, 2022-2035F
  2. Germany, Market Value (USD Million) and CAGR, 2022-2035F
  3. France, Market Value (USD Million) and CAGR, 2022-2035F
  4. Italy, Market Value (USD Million) and CAGR, 2022-2035F
  5. Spain, Market Value (USD Million) and CAGR, 2022-2035F
  6. Russia, Market Value (USD Million) and CAGR, 2022-2035F
  7. Netherlands, Market Value (USD Million) and CAGR, 2022-2035F
  8. Rest of Europe, Market Value (USD Million) and CAGR, 2022-2035F
  1. Asia Pacific Wearable Sun & Light Tracker Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
    3. Year-on-Year (YoY) Growth Trend Analysis
      1. Europe Wearable Sun & Light Tracker Market Outlook & Projections, Opportunity Assessment by Segment, 2022-2035

By Spectrum Range

  1. Europe Wearable Sun & Light Tracker Market Outlook & Projections, Opportunity Assessment by Segment, 2022-2035

By Wearable Type

  1. Europe Wearable Sun & Light Tracker Market Outlook & Projections, Opportunity Assessment by Segment, 2022-2035

By Distribution Channel

  1. Europe Wearable Sun & Light Tracker Market Segmentation Analysis (2022-2035)

By Country

  1. China, Market Value (USD Million) and CAGR, 2022-2035F
  2. Japan, Market Value (USD Million) and CAGR, 2022-2035F
  3. India, Market Value (USD Million) and CAGR, 2022-2035F
  4. Australia, Market Value (USD Million) and CAGR, 2022-2035F
  5. South Korea, Market Value (USD Million) and CAGR, 2022-2035F
  6. Singapore, Market Value (USD Million) and CAGR, 2022-2035F
  7. Rest of Asia Pacific, Market Value (USD Million) and CAGR, 2022-2035F
  1. Latin America Wearable Sun & Light Tracker Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
    3. Year-on-Year (YoY) Growth Trend Analysis
      1. Europe Wearable Sun & Light Tracker Market Outlook & Projections, Opportunity Assessment by Segment, 2022-2035

By Spectrum Range

  1. Europe Wearable Sun & Light Tracker Market Outlook & Projections, Opportunity Assessment by Segment, 2022-2035

By Wearable Type

  1. Europe Wearable Sun & Light Tracker Market Outlook & Projections, Opportunity Assessment by Segment, 2022-2035

By Distribution Channel

  1. Europe Wearable Sun & Light Tracker Market Segmentation Analysis (2022-2035)

By Country

  1. Mexico, Market Value (USD Million) and CAGR, 2022-2035F
  2. Argentina, Market Value (USD Million) and CAGR, 2022-2035F
  3. Brazil, Market Value (USD Million) and CAGR, 2022-2035F
  4. Rest of Latin America, Market Value (USD Million) and CAGR, 2022-2035F
  1. Middle East & Africa Wearable Sun & Light Tracker Market Outlook
    1. Market Overview
    2. Market Revenue by Value (USD Million) and Compound Annual Growth Rate (CAGR)
    3. Year-on-Year (YoY) Growth Trend Analysis
      1. Europe Wearable Sun & Light Tracker Market Outlook & Projections, Opportunity Assessment by Segment, 2022-2035

By Spectrum Range

  1. Europe Wearable Sun & Light Tracker Market Outlook & Projections, Opportunity Assessment by Segment, 2022-2035

By Wearable Type

  1. Europe Wearable Sun & Light Tracker Market Outlook & Projections, Opportunity Assessment by Segment, 2022-2035

By Distribution Channel

  1. Europe Wearable Sun & Light Tracker Market Segmentation Analysis (2022-2035)

By Country

  1. GCC, Market Value (USD Million) and CAGR, 2022-2035F
  2. Israel, Market Value (USD Million) and CAGR, 2022-2035F
  3. South Africa, Market Value (USD Million) and CAGR, 2022-2035F
  4. Rest of Middle East & Africa, Market Value (USD Million) and CAGR, 2022-2035F

Global Market Size, Forecast, and Trend Highlights Over 2023-2035

Wearable Sun & Light Tracker Market size is estimated to reach USD 5 Billion by the end of 2035, growing at a CAGR of 19.1% during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of wearable sun & light tracker was USD 531.5 million. The growth of the market can be attributed to the growing cases of skin cancer. Melanoma of the skin is the 17th most prevalent cancer in the world. It is the 13th most common male cancer and the 15th most common female cancer. Melanoma has a high scope of getting treated if detected in the early stages. The wearable sun and light tracker enables the user to monitor their exposure to UV rays and protect themselves from possible cancerous UV rays.

In addition to these, factors that are believed to fuel the market growth of wearable sun & light tracker is the rising depletion of the ozone layer. The Antarctic ozone hole reached its maximum size of 24.5 million km2 in late September 2022. The ozone layer depletion increases the penetration of UVB rays, which are harmful cancerous rays. With the growing levels of greenhouse gases, the ozone layer is rapidly depleting thus increasing the exposure of the population to these rays.


Wearable Sun & Light Tracker Market
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Wearable Sun & Light Tracker Sector: Growth Drivers and Challenges

Growth Drivers

  • Rising Use of Sun and Light Trackers in Clinical Trials– MyLyt, a cost-effective light tracker developed by the LVPEI, received validation in a new study conducted by the L V Prasad Eye Institute in Hyderabad, India, and the Centre for Applied Vision Research at the School of Health Sciences. Clinical trials necessitate reliable and unbiased information collecting, particularly in dermatological and skin condition examinations. Wearable skin and light monitors enable uninterrupted and real-time information on sun exposure.
  • Increasing Trend of Wearables – The overall amount of smart wearable devices worldwide increased significantly between 2019 and 2022. This figure was around 1 billion in 2022, an increase from 929 million the previous year. The rising consciousness among people for their well-being has increased the demand for smart wearable devices that are able to provide accurate insights into their health and body.
  • Growing Innovation in Sun Tracking– The new development in sun-tracking wearable devices now can send warnings, alerts, and reminders to the user, about the levels of their recommended UV exposure. Moreover, now these wearables can be customized as per the needs of the users, and give personal and real-time guidance according to individual health goals.

Challenges

  • Technological Restriction in the Devices- Most of the wearables technology are capable of detecting and measuring actual UV rays but they fail to differentiate between the type of rays, such as UVA and UVB rays. Therefore, this imposes restrictions on the use of the technology
  • Concerns Associated with the Data of Wearable Devices
  • Uv Technology often Fails to do Calibration

Wearable Sun & Light Tracker Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

19.1%

Base Year Market Size (2022)

USD 531.5 Million

Forecast Year Market Size (2035)

USD 5 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Wearable Sun & Light Tracker Segmentation

Spectrum Range {UVA (315-400 nm), UVB (280-315nm)}

The UVA (315-400 nm) segment in the wearable sun & light tracker market is estimated to gain the largest revenue share in the year 2035 by growing at a CAGR of 19.2% over the forecast period.  The growth of the segment can be attributed to the much lengthier wavelengths of the UVA range, therefore its penetration is also deeper. UVA, which possesses a very long wavelength, is responsible for approximately 95% of UV light striking the Earth's outermost layer. It has the ability to penetrate deeper layers of skin and is responsible for the quick tanning effect.

Distribution Channel (Online, Offline)

Wearable sun & light tracker market from the online segment is expected to garner the highest revenue share in the year 2035, The segment is to grow at a CAGR of 19.3% over the forecast period. The emergence of the e-commerce sector and the rising trend of online shopping has made online the best distribution channel for the wearable sun and light tracker. Apart from this, a significant component is the company-owned website. Company-owned websites are ideal where manufacturers of wearable sun and light tracker items supply the product to prospective clients.

Our in-depth analysis of the global market includes the following segments:

     Spectrum Range

  • UVA (315-400 nm)
  • UVB (280-315nm

     Wearable Type

  • Handheld
  • Band
  • Strap
  • Stickers
  • Clip-Ons

     Distribution Channel

  • Online
    • E-Commerce
    • Company-Owned Website
  • Offline
    • Supermarkets
    • Specialty Stores
    • Others

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Wearable Sun & Light Tracker Industry- Regional Synopsis

North American Market Forecast

The wearable sun & light tracker market in North America is projected to gain the largest market share of USD 1.9 billion by the end of 2035. The market in the region is expected to grow at a CAGR of 19% over the forecast period. The growth of the market can be attributed majorly to the rising cases of melanoma in the region. According to the American Cancer Society, Inc., 97,610 new cases of melanoma are predicted to be discovered in the United States in 2023. Melanoma rates have been increasing rapidly in recent decades; however, this has differed with age. Although men's rates have stabilized, women's rates have kept on growing by around 1% per year between 2015 and 2019.

Europe Market Statistics

The European wearable sun & light tracker market is estimated to be the second largest, registering the market revenue of USD 1.6 billion by the end of 2035. The growth of the market can be attributed majorly to the growing demand for testing vitamin D levels. Based on a recent study, vitamin D testing has increased dramatically across Europe. According to the latest extensive observational data, around 13% of Europeans have severe vitamin D deficiency and 40% are vitamin D deficient. This has increased the need for constant monitoring of vitamin D among people.

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Wearable Sun & Light Tracker Market Size
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Companies Dominating the Wearable Sun & Light Tracker Landscape

top-features-companies
    • Shade
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Comfable
    • Stream Product Development, Inc.
    • SunSense
    • Ultra, Inc.
    • Intellego Technologies AB
    • LOREAL GROUPE
    • Goodlux Technology
    • SunFriend Corporation
    • Future Concepts UG

In the News

  • Intellego Technologies AB announced intends for the acquisition of Target Company a firm in the UV industry. Intellego estimates sales of USD 32-37 million in 2024, as a result of the acquisition.
  • SunSense signed a contract with the European Space Agency for the study and treatment of psoriasis under the SunSafe industrialization for the people. This includes carrying out products and service for clinical trials with the SunSense wearable UV tracker.  

     

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 3560
  • Published Date: Sep 25, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The increasing prevalence of skin cancer and the rising depletion of the ozone layer are the major factors driving the market growth.

The market size of wearable sun & light tracker is anticipated to attain a CAGR of 19.1% over the forecast period, i.e., 2023 – 2035.

The major players in the market are Shade, Comfable, Stream Product Development, Inc., SunSense, Ultra, Inc., Intellego Technologies AB, LOREAL GROUPE, Goodlux Technology, SunFriend Corporation, and Future Concepts UG.

The UVA (315-400 nm) segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
Wearable Sun & Light Tracker Market Report Scope
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