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Growth in Smart Clothing Industry: Market Player, Price, Revenue, Share, Trends and Forecast Until 2022

05-01-2018 02:45 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

A freshly compiled business intelligent report, titled “Smart Clothing Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been publicized to the vast archive of Fact.MR online repository. This 170-page study delivers all the vital details and information required to know about smart clothing market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.

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Smart clothing are fabrics, which enable electronics, and digital components to be integrated in them. These fabrics, developed with new technologies, render added value to users. These textiles differ from wearable computing, owing to the higher emphasis on seamless integration of electronic elements such as actuators, sensors, and microcontrollers into textiles. Smart clothing can be bifurcated into two important categories viz. performance enhancing, and aesthetic.

Another promising field for adoption of smart clothing is the corporate uniform worn in sectors such as education, hospitality, transportation, public safety, and medicine. Here, smart clothing offers communication between a specialist and his/her team, thereby increasing the productivity. However, factors such as unawareness among individuals concerning utilization of smart clothing, coupled with their high costs, are expected to pose challenges to the market growth. High costs of smart clothing may be attributed to variety of sensors incorporated to monitor physiological activities, along with the surge in prices of conductive fabric utilized for manufacturing. The global market for smart clothing will register a steady expansion during 2017 to 2022, according to a new study by Fact.MR. Revenues from the global smart clothing market are poised to reach nearly US$ 5,000 Mn by 2022-end.

Shirts to Outsell all other Product Segments in Global Smart Clothing Market

Estimated to account for the largest revenue share, shirts will continue to outsell all the other products in the global smart clothing market. Data acquired by smart shirts including muscle engagement, heart rate, and perspiration rate boost the efficiency of users. Shoes are expected to be the second most lucrative product in the market over the forecast period. In addition, suits and bras are expected to be the fastest-selling product in the market, exhibiting similar CAGRs through 2022.

Passive smart textile technology will retain its dominance in the global market, followed by ultra-smart textile technology. Attached electronics application of smart clothing will surpass revenues worth US$ 2,500 Mn by 2022-end. Based on industry vertical, healthcare smart clothing will account for over one-fourth revenue share of the market, and will retain its dominance in the global smart clothing market throughout the forecast period.

North America will remain the largest market for smart clothing, in terms of revenues. Revenues from the market in North America are expected to reach roughly US$ 1,800 Mn by 2022-end. However, smart clothing market in Asia-Pacific excluding Japan (APEJ) is projected to register the highest CAGR through 2022. The improvising in knowledge sharing, and advent of small startups will contribute to growth of the market in APEJ.

Browse Full Report with TOC- https://www.factmr.com/report/196/smart-clothing-market

Table of Content:

1. Global Smart Clothing Market – Executive Summary

2. Global Smart Clothing Market Overview
2.1. Introduction
2.1.1. Global Smart Clothing Market Taxonomy
2.1.2. Global Smart Clothing Market Definition
2.2. Global Smart Clothing Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Smart Clothing Market Y-o-Y Growth
2.3. Global Smart Clothing Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region

3. Global Smart Clothing Market Analysis and Forecast By Product Type
3.1. Global Smart Clothing Market Size and Forecast By Product Type, 2012-2022
3.1.1. Shoes Smart Clothing Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Bras Smart Clothing Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

Continued….

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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Dublin 2, Ireland
Telephone: +353-1-6111-593
Email: sales@factmr.com/
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