Market Research Report
Smart Clothing Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type, Orientation Type, Connectivity, End-User
|Published by||The Insight Partners||Product code||959856|
|Published||Content info||198 Pages
Delivery time: 1-2 business days
|Smart Clothing Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type, Orientation Type, Connectivity, End-User|
|Published: August 28, 2020||Content info: 198 Pages||
Smart Clothing Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type (Active, Passive, and Ultra-Smart), Orientation Type (Apparel, Footwear, Wearable Patches, and Others), Connectivity (Wi-Fi, Bluetooth, GPS, and RFID), End-User (Healthcare, Fashion and Lifestyle, Sport and Fitness, Military, and Others).
Smart clothing products are designed and manufactured by integrating smart technologies to offer fabric with different functionalities. The growing use of these products across industries such as healthcare, military, sports, and defense would drive smart clothing market growth in the coming years. Increasing sport injuries and surging military and defense sector investments are also boosting the demand for smart clothing products.
The global smart clothing market is segmented in five major regions-North America, Europe, APAC, MEA, and SAM. Short turnaround time, low operating cost, and easily accessible service points increase the adoption of smart textiles considerably. Further, the demand for smart clothing is expanding at an impressive pace due to the increasing demand for mining and oil and gas exploration activities. North America held the largest share of the global smart clothing market in 2019, followed by Europe and the Asia Pacific. The smart clothing market, by type, is segmented into passive, active, and ultra-smart. Based on product, the smart clothing market is segmented into apparel, footwear, wearable patches, and others. Based on connectivity, the market is segmented into Wi-Fi, Bluetooth, GPS, and RFID. Based on end user, the smart clothing market is segmented into healthcare, sport and fitness, fashion and lifestyle, military, and others.
The key players operating in the global smart clothing market ecosystem and profiled in this report include AiQ Smart Clothing Inc., Carre Technologies inc. (Hexoskin), CUTECIRCUIT, Google LLC, Jabil Inc., Myontec Ltd, Sensoria Inc., Siren Care, Inc., Under Armour, Inc., and WEARABLE X.
The global smart clothing market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the Smart Clothing market with respects to all the segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants of this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in thesmart clothing market.
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global smart clothing market
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the global smart clothing market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution