Press release
Smart Clothing Market to reach USD 16.34 Bn by 2029, emerging at a CAGR of 26.2 percent and forecast 2023-2029
Smart Clothing Market
The comprehensive report provides an in-depth analysis of the Smart Clothing Market, encompassing trends, forecasts, competitive analysis, and growth opportunities. Covering the forecast period from 2022 to 2029, the report offers valuable insights into the current realities and future prospects of the Smart Clothing Market. Through meticulous segmentation and detailed analysis, the report offers a holistic perspective of the market landscape.
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Smart Clothing Market Research Methodology:
The report employs a robust research methodology, combining qualitative and quantitative approaches to provide accurate and reliable market data. Extensive primary and secondary research sources have been utilized to gather insights and validate findings, ensuring the report's credibility.
What are Smart Clothing Market Dynamics:
The market's growth is primarily propelled by the increasing demand for upper wear smart clothing, including smart shirts, jackets, and vests. These garments are equipped to collect real-time physiological data such as heart rate, breathing rate, and muscle activity, catering to improved professional performance and fitness routines. The data is seamlessly transmitted to companion apps, offering insights into sports parameters, calorie consumption, exhaustion levels, and sleep quality. This surge in upper wear adoption across diverse end-user applications is expected to fuel growth opportunities for smart clothing providers.
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Smart Clothing Market Regional Insights:
In 2022, North America dominated the market, owing to rising health and fitness awareness coupled with enhanced purchasing power. A notable player, Under Armour, introduced athlete sleepwear endorsed by Tom Brady, complemented by the UA Record smartphone app update. This novel sleep recovery system utilizes smartphones, UA Bands, or sleep tracking devices to measure sleep quality and offer guidance for sleep improvement.
Anticipated to flourish during the forecast period, the Asia-Pacific (APAC) region is driven by escalating demand for wearable gadgets and enhanced product features. Additionally, increased security concerns and expanding military and defense budgets in countries like India and China are projected to stimulate demand for smart clothing products.
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What is Smart Clothing Market Segmentation:
by Product Type
upper wear
lower wear
innerwear
others
by Textile Type
active smart
passive smart
ultra-smart
by End-User Industry
Fashion & entertainment
healthcare
sports & fitness
others
by Connectivity
Wi-Fi
Bluetooth
GPS
RFID
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Who are Smart Clothing Market Key Players:
1. AiQ Smart Clothing (Taiwan)
2. Athos (US)
3. Carre Technologies (Canada)
4. Sensoria (US)
5. Clothing Plus (Finland)
6. Cityzen Sciences (France)
7. Vulpes Electronics (Japan)
8. DuPont (US)
9. Wearable X (US)
10. Applycon (Czech Republic)
11. Toray Industries (Japan)
12. Myontec (Finland)
13. Myzone (US)
14. Siren (US)
15. Owlet (US)
Table of content for the Smart Clothing Market includes:
Global Smart Clothing Market: Research Methodology
Global Smart Clothing Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Smart Clothing Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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