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According to a new market research report published by Credence Research “3D Pedometer Market – Growth, Future Prospects and Competitive Analysis, 2019 - 2027”, the overall 3D pedometer market worldwide was valued at US$ 1.49 Bn in 2018 and is set to grow with a CAGR of 5.14% during the forecast period.Market Insights
The 3D pedometer market is primarily governed by the rapidly growing wearable technology market worldwide. 3D pedometer are based on micro electrical-mechanical system, which captures all movements three-dimensionally: forward, sideways and upwards. Consumers’ inclination towards fitness trackers and surge in wearable technology among youth are driving the growth of the 3D pedometer market. In 2017, the fitness trackers market was valued at more than US$ 50.0 Mn worldwide. High-end activity tracking features and interactive operating systems are also playing major role in the growth of these devices. 3D pedometers have different features such as distance, aerobic mode, calories burned, data storage and others. On account of these factors, 3D pedometer market is expected to rise in the forecast period.
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Based on application, online sales segment lead the market with more than 60% of the market share worldwide. Internet penetration and plentiful availability of smartphones are driving the growth for online sales segment worldwide. As e-commerce economy is on rise globally, companies prefer to launch there product online which in turn is increasing the online sales market. Products include 3D pedometer is majorly used by youngsters and they prefer to shop online due to the benefits of online sales such as discounts, convenience, adequate information and others. Further, these benefits of online sales are playing a major role in growth of the segment. On account of these factors, we are expecting online sales segment to lead the 3D pedometer market during the forecast period.
Based on the geography, North America govern the 3D pedometer market worldwide with more than 33% of the market share followed by Europe and Asia Pacific. North America is the leader due to rising health concerns, increasing sports activities by individuals and others. Asia Pacific is expected to rise with the highest CAGR owing to economic development, rising health concerns and rising youth population in the region. On account of mass urbanization and increase in standard of living of the people, the demand for 3D pedometer shall be on an increasing pace in the Asia Pacific region. As a result of these factors, we are expecting the Asia Pacific region to grow with a rapid pace throughout the forecast period.
Major market players ae Huawei Technologies Co., Ltd, DiDo, FitBit, Inc., WeLoop, Life Sense Group, Omron Corporation, Precision and others.
Report Scope by Segments
By Product Type (2017–2027; US$ Bn)
Pedometer Watches
Computer-enabled Pedometers
By Sales Channel (2017–2027; US$ Bn)
Online Retail
Physical Stores
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ToC:
Chapter 1 Preface
1.1 Report Scope and Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Approach Adopted
1.3.4 Top-Down Approach
1.3.5 Bottom-Up Approach
1.3.6 Phase III – Expert Panel Review
1.3.7 Assumptions
1.4 Market Segmentation
Chapter 2 Executive Summary
2.1 Market Snapshot: Global 3D Pedometer Market
2.1.1 Global 3D Pedometer Market, by Product, 2018 (US$ Bn)
2.1.2 Global 3D Pedometer Market, by Application, 2018 (US$ Bn)
2.1.3 Global 3D Pedometer Market, by Geography, 2018 (US$ Bn)
Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraint
3.3 Attractive Investment Proposition, by Geography, 2018
3.4 Market Positioning of Key 3D Pedometer Vendors, 2018
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Chapter 10 Company Profiles
10.1 Huawei Technologies Co.
10.2 DiDo
10.3 FitBit, Inc.
10.4 WeLoop
10.5 Life Science Group
10.6 Omron Corporation
10.7 Precision
............toc continued
Browse the full report at https://www.credenceresearch.com/report/3d-pedometer-market
Key questions answered in this report
What was the market size of 3D pedometer market in 2018 and forecast up to 2027?
Which is the largest regional market for 3D pedometer market?
What are the major trends followed in overall 3D pedometer market across different regions?
Who are the key 3D pedometer companies leading the market?
What are the key strategies adopted by the leading 3D pedometer companies in market?
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