Industrial wearables refer to specialised devices and gadgets designed to enhance safety, efficiency and productivity of workers in industrial settings. These wearables are equipped with sensors, software, and communication technologies to collect and transmit data in real-time, providing workers and managers with valuable insights into their performance and working conditions. The global industrial wearables market size is expected to reach $8.40 billion by 2027, up from $3.79 billion in 2019, growing at a CAGR of 12.4% from 2020 to 2027.
How do industrial wearables help?
Unlike consumer wearables, that are typically general in purpose, industrial wearables are usually designed for specific scenarios or industry verticals. These wearables can assist workers in completing specific tasks or measure health parameters when working in hazardous environments. Furthermore, besides performing a specific function for the wearer, the devices can be integrated with enterprise systems. For example, connecting wearables worn by employees in dangerous environments to employee welfare programmes can help monitor and provide evidence of employee wellbeing, ultimately reducing health insurance costs.
Adding business value
The decreasing cost of components and improvements in functionality driven by consumer sector advancements have led to growing prevalence of industrial wearables. These devices have been implemented to enhance productivity, promote safety, expedite communication, facilitate training, and enable remote experts to collaborate on technical issues.
This story is from the April 2023 edition of EM - Efficient Manufacturing.
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This story is from the April 2023 edition of EM - Efficient Manufacturing.
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