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High Demand from Professional Athletes to Increase Adoption in Smart Clothing Market || Key Players: CuteCircuit Ltd., Sensoria Inc., and OMsignal Inc.
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The global smart clothing market is prophesied to expect high growth opportunities due to increased adoption of smart products by professional athletes. Smart clothing helps athletes to avoid potential injuries and optimize their performance level. Increasing sports budget and heavy spending on smart clothing for athletes are foreseen to work in the favor of the global smart clothing market. Even sports associations have realized how smart clothing helps athletes to evaluate their own performance and improve it for future challenges. On the other hand, the demand for remote patient monitoring is expected to cause a surge in the growth of the global smart clothing market.
Smart clothing a.k.a. e-textiles are fabrics that allow electronics to be embedded in them and digital components such as a light and a battery. Smart clothing offers added value to consumers with the integration of new technologies. Smart clothing enables seamless integration of microcontrollers, sensors, actuators, and other electronics. Smart clothing could be of two types, i.e. aesthetic and performance-enhancing. Smart clothing that change color and light up can be categorized under the aesthetic type. On the other hand, military, extreme sports, and athletic are common applications of performance-enhancing smart clothing.
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On the basis of technology, the global smart clothing market is bifurcated into ultra, active, and passive smart textiles. According to Fact.MR analysts, passive smart textiles could take command over the global smart clothing market. Ultra-smart textiles, on the other hand, are foreseen to tread upon the heels of passive smart textiles in the coming years. By industry vertical, the global smart clothing market is segmented into healthcare, industrial, military, and athletic smart clothing. Expected to secure more than a fourth of the total share of the global smart clothing market, healthcare smart clothing could show dominance during the course of the forecast period.
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This report digs deep into various aspects of the business of top players operating in the global smart clothing market, viz. MAD Apparel Inc., Carré Technologies Inc., CuteCircuit Ltd., Sensoria Inc., and OMsignal Inc.
NB: Besides the aforementioned companies, the report profiles other prominent names of the global smart clothing market such as Tex-Ray Industrial Co. Ltd., Medtronic plc, and Wearable X.
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