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 market is further driven by a growing awareness of personal health and fitness. The rising need for sensor-enabled clothing to monitor vital signs like heart rate, blood pressure, and muscle engagement, coupled with the increased occurrences of workplace injuries and sports-related accidents, as well as heightened investments in the military and defense sectors, all contribute to the market's growth. Additionally, consumers' growing focus on fitness and athletic performance plays a pivotal role in propelling this market forward.
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Smart Clothing Market Research Methodology:
The global smart clothing market research is conducted through a robust and comprehensive methodology that incorporates data analysis, market trends, and consumer insights. In-depth primary and secondary research sources are employed to ensure the accuracy and relevance of the information presented.
What are Smart Clothing Market Dynamics:
The adoption of smart apparel by professional athletes is expected to be a significant driver for the global smart clothing market. These athletes leverage smart clothing to prevent injuries and enhance their performance. Furthermore, increased spending on sports budgets and investments in smart apparel for athletes are expected to positively impact the market. Notably, companies like Under Armour have introduced innovative products like Athlete Recovery sleepwear and smartphone apps to enhance athlete performance and recovery, setting the stage for market growth.
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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)
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Table of content for the Smart Clothing Market includes:
Smart Clothing Market : Research Methodology
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.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
Smart Clothing Market Regional Insights:
In 2022, the North American region dominated the smart clothing market, driven by a combination of increased health and fitness education, rising purchasing power, and the presence of prominent players like Under Armour. The introduction of athlete sleepwear and accompanying apps, as well as the emphasis on improving sleep quality and muscle recovery, further boosted the market in North America.
The Asia-Pacific (APAC) region is expected to witness significant growth during the forecast period. The proliferation of wearable gadgets, coupled with a growing desire for advanced features, contributes to the expanding market in this region. Moreover, increased security concerns and the rise in military and defense budgets in countries like India and China are expected to drive demand for smart clothing products.
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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
More Related Reports:
Global Well Logging Equipment Market https://www.maximizemarketresearch.com/market-report/global-well-logging-equipment-market/95128/
Global Linear Displacement Sensor Market https://www.maximizemarketresearch.com/market-report/global-linear-displacement-sensor-market/116356/
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