Press release
Smart Clothing Market to reach $4bn by 2024
Global Market Insights
Rising awareness associated with fitness coupled with the demand for monitoring body activities such as blood pressure & heart rate is expected to catapult the smart clothing market demand. The launch of products with advanced specifications such as tracking muscle activity offer lucrative opportunities. Moreover, other features include reduction & prevention of sports injuries resulting from improper warm up and exertion. Increasing adoption for sensor enabled products eliminates the use of smart wearables for specific functionality. Rapid urbanization coupled with the growing consumer participation in health & fitness clubs is anticipated to positively impact the smart clothing market over the forecast timeline.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2016
Factors such as high cost coupled with lack of awareness among individuals regarding the use of these products is challenging the smart clothing market. The high cost of the products can be attributed to the various type of sensors for monitoring physiological activities coupled with the rising cost of conductive fabrics used for manufacturing.
Smart jackets can control the mobile device of the user followed by features such as one tap answering & rejecting calls and connect to music & camera services. Smart t-shirt segment is predicted to grow significantly owing to the data offered by these products such as perspiration rate, heart rate and muscle engagement which are analyzed for increasing the efficiency of the wearer.
Sports & fitness applications are set to witness steady growth over the forecast timeline. This can be attributed to the increasing use of products such as t-shirts, pants & shoes by professional athletes as well as sports teams to lessen injuries. High adoption of smart uniforms in military & defense applications is expected to drive the industry size. Features such as collection of vital signs and using the data to gain insight to the soldier’s heath during battles.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2016
The U.S. smart clothing market is anticipated to grow substantially due to the increased spending by various sports clubs to enhance the efficiency level of the players followed by injury detection. Increasing military & defense investments for the development of uniforms provides lucrative opportunities to the industry.
Players operating in the industry include Hexoskin, Heddoko Inc., Ralph Lauren, Athos, Sensoria Inc. and Catapult Sports Pty Ltd, etc. The industry is currently witnessing collaborations between the players and sports associations. Competition is expected to intensify on account of the increasing entry of new entrants in the smart clothing market.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Clothing Market to reach $4bn by 2024 here
News-ID: 724553 • Views: …
More Releases from Global Market Insights, Inc.
Hepatitis B Vaccine Market Set to Surpass $12 Billion by 2034
The global hepatitis B vaccine market is poised for significant expansion over the next decade, fueled by rising liver disease cases, expanded immunization coverage, and advancements in vaccine development. Valued at USD 6.7 billion in 2024, the market is projected to reach USD 7.3 billion in 2025 and surge to USD 12 billion by 2034, reflecting a healthy compound annual growth rate (CAGR) of 5.7%.
A major driver behind this growth…
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
More Releases for Increasing
Agriculture Micronutrients Market Increasing Demand for Fertilizers and Increasi …
As demonstrated by Precision Business Insights (PBI), the latest report, the global agriculture micronutrient market was valued at USD 5,799.10 Million in 2023 and grew at a CAGR of 9.9% over the forecasted period. The key drivers for the growth of the global agricultural micronutrient market are increasing demand for fertilizers, increasing R&D activities and technology advancement, decreasing soil health, introduction to 'green' micronutrient fertilizers, and the effect of climate…
Increasing
The Global Peanut Butter Market is expected to be worth USD 5.51 million in 2024 to achieve USD 6.54 in 2029, to grow at a CAGR of 3.5% from 2024 to 2029.
Global Peanut Butter Market Report Scope:
• Market Size (2024): USD 6.47 million
• Market Size (2029): USD 8.93 million
• CAGR (2024 to 2029): 6.65%
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: Product Type, Distribution…
Increasing Focus On Using Lightweight Materials Is Increasing Demand For Two Com …
Two Component Adhesives Market Overview
Two component adhesives are binding substances known for adhesions that are led by chemical reactions. These adhesives are sometimes recognized as reactive adhesives or structural adhesives.
To Get In-depth Information View Full Report – https://www.factmr.com/report/5376/two-component-adhesives-market
Two component adhesives are known for their fast curing, easy process due to their creamy consistency, flawless shine after mechanical polishing, high chemical and wear resistance, and high bonding power even at high…
Torso Model : increasing use of torso model in the medical industry, increasing …
Torso Model Market Overview
The torso or trunk is an anatomical name for the central part, or core, extending the neck and limbs. The torso includes the trunk's thoracic segment, the abdominal segment of the trunk, and the perineum. Human torso models are both complicated and rich in detail as the torso contains many vital organs. Doctors and medical instructors employ torso manikins to illustrate the complex structure and functions of…
Thyristor Market - The Increasing Demand From Increasing Population
Published: Oct, 2018
The global thyristor market was valued at US$ 4,035.0 Mn in 2017 and is projected to register compound annual growth rate (CAGR) of over 7.0% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Thyristor Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” The report suggests that the rising population and urbanization is likely to spur the…
Increasing Rural Emigration to Pave the Way for Increasing Use of Smart City Tec …
The competitive landscape of the global smart cities market features a number of players operating in various areas of smart city development. Of these, Siemens AG, IBM Corporation, and ABB Ltd. have wide product catalogs spanning several areas of smart city technology. The market is likely to remain extremely competitive in the coming years due to the entry of several new players, who can be accommodated due to the abundant…
