Smart Fabrics Market Competitive Research And Precise Outlook 2020 To 2025

The report is designed to provide a holistic view of the Smart Fabrics Market 2021-2025. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; revenue, demands, and supply data (as applicable). High-level interpretation of Smart Fabrics Market attributes using proprietary tools such as the Penetration Mapping Index, and other successful representational tools such as Porter’s Five Forces Analysis, SWOT, PESTEL, Ansoff’s Matrix, etc. Regional estimates and forecasts & trend analysis for each country and region are also available in the study. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Smart Fabrics Market investments from 2021 till 2025.

The global smart fabrics market witnessed 4.1 million units shipments in 2019, and it is expected to reach a shipment value of 8.51 million units by 2025, registering a CAGR of 14.1% over the forecast period 2020 - 2025.

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The Smart Fabrics Market is highly competitive and is moderately fragmented that consists of significant individual players such as AIQ Smart Clothing Inc., Adidas AG, NIKE Inc., ThermoSoft International Corporation, Kolon Industries Inc..

Key Market Trends:
Fashion and Entertainment Industry to Witness Significant Growth

- The fashion and entertainment industry is using smart fabrics to incorporate unique aesthetics into clothing. Appearance features, such as color, size, or shape of garments, can be altered using technology woven into fabrics. Smart fabrics in clothes enable the user with the capability to interact with their surroundings and to communicate data via embedded sensors or conductive yarn through the clothes they wear with the wearable devices._
- In the fashion industry, the market studied is driven by innovations of the designers coming up with new and aesthetically pleasing outfits, integrated with a useful technical architecture capable of relaying information. Many brands, ranging from Uniqlo to Lululemon, are using smart fabrics to set their collections ahead of the pack.
- Many prominent brands such as Under Armour, Levi's, Tommy Hilfiger, among others, along with smaller companies such as Sensora, Loomia, Hexoskin, CuteCircuit, others are offering their smart clothing that are using smart fabrics to set their collections ahead of the others. For instance, CuteCircuit, are utilizing smart fabrics for their haute couture collections and specialty projects. CuteCircuit's 'Hug Shirt' allows the user to send electronic hugs through sensors within the garment.
- The French startup Spinali Design makes high-end beachwear with integrated ultraviolet light sensors that tell the wearer when it’s time to apply sunscreen and distance trackers that tells the parents when the kids have wandered too close to the surf.
- Further, for the past few years, Google was working with Levi Straus on a future smart jean jacket under Project Jacquard, which would eventually lead to a jean jacket with smart fabric sleeves with built-in touch controls. In November 2019, the project was commercialized on new Jean jackets from Levis. The jacket costs USD 198 to USD 248.

North America to Account for a Significant Market Share

- North America is anticipated to substantiate a prominent share in the smart fabrics market, with the United States region accounting for the major share. Connected wearable products are gaining significant trends and have been around in various forms, such as fitness bands, smartwatches, smart glasses, and among others.
- According to the Consumer Technology Association (CTA), in 2018, around 46.1 million wearable devices were expected to be shipped in the United States. This increasing adoption of wearable electronics devices is anticipated to open new avenues for the smart fabrics market as they offer significant enhancements to human comfort, health, and well-being.
- Moreover, the Future Force Warrior research program of the US military is working on a smart battle suit to be introduced by 2020, including GPS, network communications, and sensors, to monitor physiological indicators, which included heart rate, blood pressure, and hydration. __
- Furthermore, the Canadian military has made use of full-fabric keyboards in its IAV Stryker units, developed to replace the bulky, traditional hardware. These are designed to be lighter, more comfortable to transport, and have fewer components to break._
- Moreover, the level of research for developing smart fabrics have taken a step ahead in the region. The region has been witnessing research and developments to create adaptive thermal clothing could which control the microclimate around each individual. For instance, Kestrel Materials, an OtherLab spin-out company, commercializes thermally adaptive garment technology based on textile bimorph structure with strategically mismatched coefficients of thermal expansion.

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Regions are covered By Smart Fabrics Market Report 2021 to 2025.
North America, Europe, China, Japan, Southeast Asia, India.
North America (USA, Canada, and Mexico).
Europe (Germany, France, UK, Russia and, Italy).
Asia-Pacific (China, Japan, Korea, India and, Southeast Asia).

The Total Addressable Market (TAM) For estimating the market size two approaches are used: Bottom-up and Top-down approach. In the Bottom-up approach, the consumption of in the various segments is taken into account. The regional, segment-wise, and end-user uptake/consumption is taken into account for this approach. This is then totaled to arrive at the TAM for this approach. In the Top-down approach, the company-wise production in terms of both value and volume is taken into account and totaled for arriving at the TAM. This data is then bifurcated based on the consumption in the various market segments.

Significant Features that are under Offering and Key Highlights of the Reports:
-Detailed overview of Smart Fabrics Market
-Changing the Smart Fabrics Market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current, and projected Smart Fabrics Market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Smart Fabrics Market.
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.

Frequently Asked Questions about Smart Fabrics Market:
– What are the recent developments and government policies?
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– What is the growth rate of the market?
– Which Is the Most potential market segment?
– Which are the top industry players in the Smart Fabrics Market?
– Which region would offer high growth for vendors in the market?

The report has 150 tables and figures browse the report description and TOC
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