Smart Clothing Market Research Report

 

Growth opportunities in the Smart Clothing Market look promising over the next six years. This is mainly due to the high demand from professional athletes and the continued acceptance of the Internet of Things and their attractive benefits to enchant sportsperson. 

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Smart Clothing Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

Robust demand from proficient athletes will augment the acquisition of smart clothing, which is one of the prominent drivers responsible for the growth of the global smart clothing market.  Also, data analysis methods such as pattern recognition, machine learning, and statistical procedures had a considerable influence on the player's performance, as they direct the efficient scheduling of workouts and training and avert injury during heavy load sessions. In addition, the clothing aims to offer captivating features to allure professional sportsperson. For example, DuPont, in 2018, introduced Intexar smart clothing technology to allow correction of the work, and regular supervision, which has further raised the market share. Furthermore, the augmentation of electronic devices in day-to-day life is expanding the market size. In addition, the clothing market asserted as the next big market move for the Internet of Times. Thus, the ongoing acquisition of IoT by sectors will adequately enlarge the market growth.

The surge in the need for worldwide telemonitoring and telemedicine in the healthcare industry has strengthened the market growth.  In accordance with the World Health Organisation, mobile health will shortly be accepted by approximately 90% of the population by the end of 2030. This clothing helps to supervise the wearer's heart rate, breathing, and body temperature. This adoption is quite economical for the patients and decreases hospital visits, thus resulting in more active lifestyles. This preference for telemedicine and distant monitoring of the patient has paved the way for market growth. However, their excessive production cost is predicted to hinder market growth.

Regional Drivers

Based on the regional coverage, North America is expected to dominate the market over the forecast period. This is primarily because most of the leading players such as Athos, Sensoria, and DuPont are mainly situated in the U.S.  In addition, their endorsement by the United States military, for instance, according to "American Military Institute," U.S. army implements smart clothing, especially sensors for the soldiers' constant monitoring, which has driven the market share. Based on the regional coverage, North America is expected to dominate the market over the forecast period. This is primarily because most of the leading players such as Athos, Sensoria, and DuPont are mainly situated in the U.S.  In addition, their endorsement by the United States military, for instance, according to "American Military Institute," U.S. army implements smart clothing, especially sensors for the soldiers' constant monitoring, which has driven the market share.

Smart Clothing Market’s leading Manufacturers:

·        DuPont

·        Applycon

·        CUTECIRCUIT

·        Sensoria

·        Myzone

·        Athos

·        s.r.o.

·        OMsignal Inc.

·        MAD Apparel Inc.

·        Carré Technologies inc.

·        AiQ Smart Clothing

Smart Clothing Market Segmentation:

Segmentation by Type

·        Passive

·        Active

·        Ultra-Smart

Segmentation by Product

·        Apparel

·        Footwear

·        Wearable Patches

·        Others

Segmentation by End User

·        Healthcare

·        Sports and Fitness

·        Fashion and Lifestyle

·        Military

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

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