The Market Intelligence Report provides a complete overview of the Smart Clothing Market along with details on the competitive landscape and profiles of the key players operating in this business. Our analyst team evaluates many other important aspects of the market, including historical market trends, estimated growth rates, revenue generation, production capacity, pricing structure, and key market drivers, opportunities, challenges and constraints. Did. This report further explores key facts and figures related to current market conditions and provides an industry-validated database for companies looking to invest in the market.
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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. 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).
Key Parameters Analyzed in This Section:
Company Profiles
Gross Revenue
Profit margins
Product sales trends
Product pricing
Industry Analysis
Sales & distribution channels
Competitive Terrain:
The global Smart Clothing industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
Key participants include AiQ Smart Clothing, Sensoria Inc., Vulpes Electronics, WEARABLE X, Applycon, sro, Hexoskin, Mondevices, Inc., Ralph Lauren Media LLC, Under Armour, Inc., and Myontec.
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What Questions Should You Ask before Buying a Market Research Report?
How is the Smart Clothing-market evolving?
What is driving and restraining the Smart Clothing market?
How will each Smart Clothing submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2030?
How will the market shares for each Smart Clothing submarket develop from 2022 to 2030?
What will be the main driver for the overall market from 2022 to 2030?
Will leading Smart Clothing markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
How will the market shares of the national markets change by 2030 and which geographical region will lead the market in 2030?
Who are the leading players and what are their prospects over the forecast period?
What are the Smart Clothing projects for these leading companies?
How will the industry evolve during the period between 2020 and 2030? What are the implications of Smart Clothing projects taking place now and over the next 10 years?
Is there a greater need for product commercialisation to further scale the Smart Clothing market?
Where is the Smart Clothing-market heading and how can you ensure you are at the forefront of the market?
What are the best investment options for new product and service lines?
What are the key prospects for moving companies into a new growth path and C-suite?
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Emergen Research has segmented the global smart clothing market on the basis of product type, fabric type, application, and region:
-
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
Additional information offered by the report:
Along with a complete overview of the global Smart Clothing market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
The report elaborates on the global Smart Clothing market size and share governed by the major geographies.
It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
It further presents a detailed description of the company profiles of the key market contenders.
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