The Global Smart Clothing Market research study is an extensive collection of insightful information about the Smart Clothing industry. The report covers the Smart Clothing Market segmentation along with a detailed outline of the Smart Clothing market size with regards to volume and valuation. The report provides comprehensive coverage of the Smart Clothing market scenario for the current period and forecast timeline of 2020-2027. The Smart Clothing market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.
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The global smart clothing market size was USD 2.74 Billion in 2021 and is expected to register a revenue CAGR of 26.8% during the forecast period, according to the latest analysis by Emergen Research. Rising demand for smart textiles from athletes and fitness preferring individuals are also contributing to revenue growth of the market. For example, Ambiotex launched a T-shirt that includes one TechUnit, which is a small device that is connected to the clothing item to collect and process key data, one micro Universal Serial Bus (USB) cable and adapter, and one operating manual. This garment is made to make users more aware of their bodies while tracking their stress and fitness levels. This smart T-Shirt has built-in sensors that can analyze vitals and fitness and stress levels. It can also determine ‘the Individual Anaerobic Threshold’ (IAT).
Market Overview:
The report bifurcates the Smart Clothing market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
-
Product Type Outlook (Revenue, USD Billion; 2019–2030)
- Upper Wear
- Innerwear
- Lower Wear
- Shoes & Socks
- Others
-
Fabric Type Outlook (Revenue, USD Billion; 2019–2030)
- Ultra smart
- Active Smart
- Passive Smart
- Others
-
Application Outlook (Revenue, USD Billion; 2019–2030)
- Sports & Fitness
- Fashion & Entertainment
- Military
- Healthcare
- Others
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Smart Clothing market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report:
AiQ Smart Clothing, Sensoria Inc., Vulpes Electronics, WEARABLE X, Applycon, sro, Hexoskin, Mondevices, Inc., Ralph Lauren Media LLC, Under Armour, Inc. and Myontec
Target Audience of the Global Smart Clothing Market Report:
Key Market Players
Investors
Venture capitalists
Small- and medium-sized and large enterprises
Third-party knowledge providers
Value-Added Resellers (VARs)
Global market producers, distributors, traders, and suppliers
Research organizations, consulting companies, and various alliances interested in this sector
Government bodies, independent regulatory authorities, and policymakers
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The Global Smart Clothing Market is further analyzed across the key geographical locations where the market has expanded to a significant size. The key regions analyzed are North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The report offers a country-wise analysis to provide a comprehensive analysis of the Smart Clothing market in terms of production and consumption patterns, supply and demand ratio, import/export, revenue contribution, trends, and presence of prominent players in each region.
Regional Analysis Covers:
North America (US, Canada)
Europe (UK, Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, UAE, South Africa, Rest of MEA)
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Smart Clothing market?
What are the key product types and applications of the Smart Clothing industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Smart Clothing market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Smart Clothing Market by 2030?
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