Market Overview:
In the coming years, consumers' rising health consciousness is likely to accelerate the adoption of smart masks. The latest covid-19 pandemic outbreak has also aided development in the use of smart masks. Smart masks are highly rated in terms of performance and filtration as compared to ordinary masks, which is why their adoption is expected to outpace conventional mask offerings. Other features, such as voice-activated LEDs, are expected to drive acceptance in addition to product success. These masks are also heavily marketed as multi-purpose items for other outdoor activities.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | LG Corporation (South Korea), Hubble Connected Ltd. (China), Louis M. Gerson Company, Inc. (United States), Shanghai Dasheng (China), Razer Inc (United States) and Airbliss Plus Company (Netherlands) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Vendors of Smart Mask Market Study:
LG Corporation (South Korea), Hubble Connected Ltd. (China), Louis M. Gerson Company, Inc. (United States), Shanghai Dasheng (China), Razer Inc (United States) and Airbliss Plus Company (Netherlands)
Smart Mask Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Personal and Industrial |
Type | Smart Respirators, Smart Anti-Pollutant Masks and Other Smart Masks |
Influencing Trend:
Rising Demand for Mask amid the Covid-19 Outbreak and Companies Focusing on Integrating Ordinary Masks into Smart Masks such as Fiber Gas sensor integrated smart mask, fume mask, etc.
Market Growth Drivers:
Rapidly Growing Environmental Concerns and Growing Pollution Concerns
Challenges:
Availability of Cost-effective Substitute Products like Ordinary Disposable and Reusable Face Masks and Respirators
Restraints:
High Prices of Smart Masks
Opportunities:
Rapid Emergence of Local and Regional Players Offering Smart Mask and Growth in Industrialization in such Low and Middle-income Countries
. The Global Smart Mask market is gaining huge competition due to involvement of Global companies that constantly invest in research & development to meet market expectation with new innovation.
Latest Industry Highlights:
In Feb 2020- Hawkeye Systems Inc. has signed a letter of intent with Arizona Asia Pacific Trade Consulting Inc., a leading producer of protective smart masks in Taiwan, to enable faster production rates of custom smart masks in response to the COVID-19 outbreak. and In June 2020, a Japanese startup company named Donut Robotics introduced an internet-connected "smart mask” that can transfer messages and translate them from the Japanese language into many other languages.
August 2020, LG entered the smart mask market.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Smart Mask market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Smart Mask market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Smart Mask Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.